Severe Space Issues on Asia to New Zealand Trade Route
Following on from our previous notices the situation is unchanged and continues to worsen.
The sheer volume of cargo moving continues to exceed space on ships and container equipment available across most Asian ports.
The shipping lines have all issued a notice of General Rate increases effective 1st November 2020 for shipments from North East and South East Asia (including the sub-continent) at US$ 300 per TEU.
Mondiale has no option but to recover this cost.
Effective 1st November 2020 rates ex Asia to New Zealand will increase by ;
20ft container US$ 300
40ft container US$ 600
LCL per cbm US$ 12 per w|m
We expect that these supply chain issues will continue until at least mid-December (or longer) given the dynamic market situation that currently exists.
The team at Mondiale continue to work through the best possible available options to keep your cargo moving.
Please contact your Mondiale representative should you require more detailed information or assistance.