OOCL announces Montreal Low Water Surcharge
Water levels in the St. Lawrence River are at historically low levels as a result of less winter snow and less rainfall during the spring. The latest projections are that water levels will not improve in the coming months.
The reduced water depth negatively affects the loadable capacity of each sailing, leading to increased costs. A surcharge is necessary to ensure the continued provision of high quality services to and from Montreal.
A Low Water Surcharge will be implemented for all cargo moving via the Port of Montreal with effect from July 19 2010 as follows:
- USD 75 per 20’ container
- USD 150 per 40’ container
About OOCL
Orient Overseas Container Line (OOCL) is a wholly-owned subsidiary of Hong Kong Stock Exchange listed Orient Overseas (International) Ltd. Headquartered in Hong Kong, OOCL is one of the world's leading container transport and logistics service providers, with more than 280 offices in 55 countries. Linking Asia, Europe, North America, the Mediterranean, the Indian sub-continent, the Middle East and Australia/New Zealand, the company offers transportation services to all major east/west trading economies of the world. OOCL is one of the leading international carriers serving China, providing a full range of logistics and transportation services throughout the country. It is also an industry leader in the use of information technology and e-commerce to manage the entire cargo process. Website: http://www.oocl.com/ | |
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