TO THE surprise of many, China-Australia spot-rate quotes rose this week after several weeks of going astern.
The Shanghai-Sydney SCFI for Week 42 rose 6% to USD 2,318/FEU in what may or may not be just a post-Golden Week bounce, one observer suggested.
To add interest, a hopeful email received by DCN from a Shenzhen-based forwarder offered us FCL rates from Shenzhen and Nansha to Brisbane, Sydney and Melbourne with helpful comparisons between carriers.
The cheapest for all port pairs was Hapag-Lloyd, at USD 2,580/FEU, followed by TS Lines at 2,630/FEU, Evergreen at 2,730/FEU and COSCO and Maersk, both at 2,830/FEU.
“Due to port congestion, lack of container and carrier reduce vessel, causing sea freight keep rising, the carrier may rise in price from time to time without any prior notice,” the forwarder advised. “Kindly Pls double check to us case by case whether the rate and space available before booking confirm.”
Meanwhile, the usual suspects among market leaders have resumed rate rise notifications.
On 1 November the following will apply:
ANL will restore rates by USD300 per dry and reefer TEU and 600per dry and reefer FEU/hi-cube for all spot/FAK shipments from North & East Asia to New Zealand.
ANL will be implementing a rate restoration program at USD500 per 20’ dry/reefer & USD1000 per 40’ dry/reefer for all shipments from North East Asia to Australia. This increase will apply on top of current Spot/FAK rates subject to all applicable surcharges valid on time of shipment.
ANL will be implementing a rate restoration program at USD200 per 20’ dry/reefer & USD400 per 40’ dry/reefer for all shipment from South East Asia, Indian Sub-Continent & Middle East to Australia.
COSCO Shipping Lines will restore rates N&E Asia-Australia by USD 500/TEU and 1000/FEU.
COSCO Shipping Lines will restore rates South East Asia-Australia by the same amount.
MSC’s rate restoration of USD 300/TEU is effective for all cargo from China, Hong Kong, Japan, Korea and Taiwan to Australia and New Zealand.
Meanwhile, having withdrawn from its remaining Trans-Pacific service (operated with SeaLead) TS Lines has allocated the sole vessel concerned, the 2,954 TEU TS Tacoma, to a late November extra-loader China-Australia voyage.