Friday, March 4, 2011

OOCL to Raise General Rates and Fuel Charges on Asia/US Cargo

Hong Kong-based ocean carrier Orient Overseas Container Line will impose a general rate increase for all dry shipments from the United States to Hong Kong, Macau and South China (including Guangdong, Guangxi, Guizhou, Hainan & Yunnan Province) effective April 1.

A general rate increase of $240 per TEU and $300 per FEU will be imposed on all dry commodities including Exempt Commodities, but excluding agriculture products, wastepaper, clay, cotton, hides and skins, plastic scrap and resin.

A general rate increase of $80 per TEU and $100 per FEU will be imposed for shipment of clay and cotton, while a general rate increase of $200 will be imposed across the board on shipment of hides and skins.

In addition, a general rate increase of between $120 and $150 will be imposed for shipment of plastic scrap and resin (for US West Coast and US East Coast cargo), and a rate increase of between $240 to $300 for shipment of plastic scrap and resin (for IPI/RIPI/MLB cargo).

FEU general rate increases on dry shipments are per container increases and include 40-foot, 40-foot HQ and 45-foot containers.

In other OOCL rate news, the carrier has announced modified bunker charges and inland fuel surcharges for all dry and reefer shipments from Asia to the U.S.

Effective April 1, the modified bunker charges are: $374 per TEU, $468 per FEU, $527 per 40-foot HQ, and $562 per 45-foot container headed to the U.S. West Coast containers; and, $703 per TEU, $879 per FEU, $989 per 40-foot HQ, and $1,112 per 45-foot container for all other U.S. ports other than the West Coast.

THe modified inland fuel surcharges will be $85 per container for cargo destined to California, Oregon, Washington Local SDD; Group 4; Charleston/New York/Norfolk/Savannah local SDD cargo (including NY/ NJ Commercial Zone Points) via East Coast.
The fuel surcharge for surcharge will be $295 per container for MLB, IPI cargo (via West Coast) and $148 per container for RIPI cargo (excluding Charleston/New York/Norfolk/Savannah local SDD cargo; and, NY/ NJ Commercial Zone Points).