The members of the Caribbean Shipowners Association announced Thursday a series of general rate increases over the next few months and peak season surcharges for late 2011.
The CSA said it was announcing the increase for all of 2011 now to allow exporters and importers to plan more effectively for 2011.
CSA members, which include Bernuth, CMA CGM, Crowley, Seaboard, SeaFreight, and ZIM, serve trade lanes between the United States and the Caribbean destinations of Anguilla, Antigua, Dominica, Grenada, Montserrat, Saba, St. Barths, St. Eustatius, St. Kitts & Nevis, St. Lucia, St. Maarten, St. Vincent, Trinidad, Jamaica, Guyana and Suriname.
The CSA is planning three GRIs for 2011 that apply to all contract and tariff rates, northbound and southbound, to and from all Caribbean basin service destinations.
The first rate increase, which takes effect on Feb. 2 is $75 per 20-foot equivalent unit, $150 per 40-foot equivalent unit, and $140 for containers of over 40-feet in length.
The second rate increase, effective May 1, is $100 per TEU, $200 per FEU and $225 for containers over 40-feet long.
The final general rate increase announced Thursday, effective Sept. 7, is $75 per TEU, $150 per FEU and $169 for containers over 40-feet long.
At the same time the CSA posted peak season surcharges for southbound cargo only to all CSA Caribbean basin service destinations that are effective from Oct. 9 through Dec. 11, when it expects "stress on availability of containers and space to serve exports from United States".
Last year the CSA announced peak surcharges for when cruise ships filled the berths in their destination ports.
The peak season surcharges this year are $150 per TEU, $300 per FEU and $338 for containers more than 40-feet long.
-- Contact Peter T. Leach at firstname.lastname@example.org.