COSCO Shipping Lines is planning an implementation of a new General Rate Restoration for all shipments from Far East to Latin America & Africa ports with the new charges taking effect in June, according to the company’s announcement.

Origin Destination Effective Day Quantum
Far East West Africa 1 June US$500/20gp
US$1000/40gp
US$1000/40hc
15 June US$500/20gp
US$1000/40gp
US$1000/40hc
Far East East Africa 1 June US$400/20gp
US$800/40gp
US$800/40hc
15 June US$400/20gp
US$800/40gp
US$800/40hc
Far East South Africa 1 June US$200/20gp
US$400/40gp
US$400/40hc
15 June US$200/20gp
US$400/40gp
US$400/40hc
Far East East Coast of South America 2 June US$250/20gp
US$750/40gp
US$750/40hc
9 June US$300/20gp
US$800/40gp
US$800/40hc
16 June US$300/20gp
US$800/40gp
US$800/40hc
Far East West Coast of South America 7 June US$800/20gp
US$800/40gp
US$ 800/40hc
13 June US$800/20gp
US$800/40gp
US$800/40hc
Far East Panama& Caribbean 9 June US$500/20gp
US$500/40gp
US$500/40hc
16 June US$500/20gp
US$500/40gp
US$500/40hc

The Chinese carrier has noted the countries included in the aforementioned regions:

Far East includes China (mainland), Hong Kong, Taiwan, Macao, Philippines, Vietnam, Thailand, Malaysia, Singapore, Indonesia, Japan, Korea, Brunei, Cambodia, Myanmar, Bangladesh, Pakistan, India.

West Africa includes Nigeria, Ghana, Cote d’Ivoire, Togo, Benin, Senegal, Cameroon, Congo, Democratic Republic (Zaire) and Congo.

East  Africa includes Tanzania, Kenya, Zambia, Rwanda, The Democratic Republic of the Congo (DRC), Burundi and Malawi.

South Africa includes South Africa, Zimbabwe, Zambia and Botswana.

East Coast of SouthAmerica includes Brazil, Argentina, Uruguay and Paraguay

West Coast of South America includes Mexico, Chile, Peru, Colombia, Guatemala, Nicaragua, Costa Rica, El Salvador, Honduras, Bolivia and Ecuador.

Panama & Caribbean includes Panama, Jamaica, Dominican Republic, Haiti, Puerto Rico, Trinidad and Tobago, Suriname, Guyana, and Caribbean side of Mexico, Guatemala, Honduras, Costa Rica and Colombia.

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