Dear Valued Customer,

Shipping Lines have announced 2 rate increases throughout September. The first will be effective from 1st September, and the second will commence on 15th September 2023.

Advertised increases from North Asia to Australia & New Zealand – Effective 01 September:

  • 20’ containers: US$ 150.00
  • 40’ containers: US$ 300.00

Advertised increases from North Asia to Australia & New Zealand – Effective 15 September:

  • 20’ containers: US$ 150.00
  • 40’ containers: US$ 300.00

Market Conditions

Carriers are currently implementing ‘blank sailing’ weeks and adjusting space allocations, especially from China. This has led to a significant cargo build-up, with some being rolled to the next vessel.

Key Points to Note:

  • Carriers now require a 2-3 week booking notice period.
  • We strongly advise you to review your order lead times. The current situation, characterized by frequent schedule changes and rate fluctuations, is anticipated to persist until Christmas.

If you have any questions or require additional information, please do not hesitate to contact your local Kerry Logistics Representative.