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Singapore to New Zealand - Rate Restoration
Local News
July 20, 2009
 

SOUTHBOUND SHIPMENTS – RATE RESTORATION

EFFECTIVE 1st AUGUST 2009

 

Dear Valued Customers,

The economic situation remains uncertain and freight rates are not covering basic operating or transportation costs. This is unsustainable in the long term.

In order to maintain a viable service level and a comprehensive liner network for our customers, OOCL would like to inform you that we have decided to restore freight rates to a more sustainable level.  

With effect from August 1, 2009, freight rates for dry and reefer container shipments from Asia (P.R. China, Hong Kong, Taiwan, South Korea, Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia, Philippines, Indian Subcontinent and Middle East) Southbound to New Zealand will be increased by USD 250 per TEU.  

Thank you for your understanding and continued support. If you have any questions regarding this notice please contact your local OOCL Representative. 

Note – dates are based on shipment onboard date.

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