Industry Update December 2019
Attention: Shipping Manager
IMO 2020 – Low Sulfur Fuel Recovery on LCL shipments
Further to our previous advice, ocean carriers have already taken steps to comply with the new international emission standards by switching to low Sulphur fuel or investing in scrubber-fitted or LNG running vessels.
The compliance with regulations comes at a significant cost and our contract carriers have started to introduce fuel surcharge increases. To cover these costs, Dieterle & Victory will be implementing an LCL IMO2020 surcharge, with effect from vessels sailing 1st December 2019, to/from Australia/New Zealand as follows:-
USA/Canada to Australia/NZ – USD8.00 w/m
Europe to Australia/NZ – USD10.00 w/m
Asia to Australia/NZ – USD5.00 w/m
New Zealand to Australia/NZ USD3.00 w/m
Australia to USA/Canada – USD8.00 W/M
Australia to Europe – USD9W/M
Australia to Asia – USD2.50W/M
Australia to New Zealand -AUD4.50W/M
Australia to Fiji, Noumea – AUD4.50W/M
As advised in our broadcast last month, IMO Surcharges on FCL shipments will be passed on at cost, based on shipping line/tradelane used. Rest assured, Dieterle & Victory will always choose the most cost effective method to ship your freight.
Increase to Port Infrastructure Surcharge from January 1st 2020
Despite protests from industry, the wharves have announced an increase to their fees yet again from 1st January 2020. From this date, the port infrastructure surcharge will be increased in the ports of Sydney/Melbourne and Brisbane as follows-
AUD110 per container
LCL will increase to AUD5w/m.
GRI (General Rate Increase) notices- NEA Asia
We have had notifications this month from various shipping lines in regards to a proposed general rate increase, details as follows:-
Ex China, Hong Kong, Taiwan and Korea to Australia, effective 1st January 2020:-
US$300.00 per 20’
US$600.00 per 40’/40’HC
LCL will increase by USD12W/M on the same day
It will again be a watch and wait scenario to see if this is implemented at the time.
The D&V Information Team.