UASC adds Asia-US Peak Season Surcharge

UASC adds Asia-US Peak Season Surcharge

United Arab Shipping Company will implement a peak-season surcharge for all cargo shipped from Asia to the U.S. East Coast.

The surcharge will be $320 per 20-foot, $400 per 40-foot and $450 per 40-foot high cube container. It will take effect June 1, and will apply to both dry and reefer cargo, UASC said in a trade notice Thursday.

Separately, the Middle East carrier said it will impose a peak-season surcharge on shipments moving from Asia to all destinations in the Arabian Gulf. The surcharge will be $100 per TEU and $200 per FEU, starting May 15.

In other trade news, India’s Port of Mumbai said it handled 4.75 million tons of cargo in April compared with 4.72 million tons a year earlier.
Mumbai’s container volume for the first month of fiscal 2011-12 totaled 5,335 20-foot equivalent units, down from 5,849 TEUs.