General Rate Increase from South East Asia to NZ

The reduction in capacity last year has resulted in vessels remaining surprisingly full given the time of year and consequently we have received notices of a May 1st increase of up to US$ 300 per 20ft and US$ 600 per 40ft from PIL, Mitsui, Hamburg Sud, OOCL and MISC. We expect to receive the same from NYK and Maersk soon. The only carrier who has held their existing rates until 31st May is MSC.

Fresh FCL pricing effective 1st May will be sent to you soon.

In regards to LCL we will hold existing rates until vessels departing 17th May and prior to this date we will have amended LCL pricing out to you also.

Should you have any questions please contact Trevor Birss or your account representative at Mondiale.

If the pressure on space continues to build please expect further increases in mid July, August and September. As always we will keep you advised.

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