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 |
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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 |
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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 |
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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 |
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16 June | US$300/20gp US$800/40gp US$800/40hc |
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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 |
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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.