Southbound Rate Restoration November 2020 - Asia into New Zealand


Dear Valued Clients,

As we continue to see the demand for FCL space increase, and the supply of space remain static due to Peak Season various Shipping Lines (COSCO, OOCL and PIL) have issued notices of their intention to apply a further General Rate Increases (GRI’s) with effect the 1st of November 2020.

These proposed GRI’s will apply to shipments EX China, North East Asia, South East Asia and the Sub-Continent Into New Zealand and quantum’s advertised to date are USD 300.00 per TEU and USD 600.00 per FEU respectively.

We are yet to receive advice from ANL, CMA CGM, Hamburg Sud, Hapag Lloyd, Maersk, MSC, and ONE as yet but in the current Peak Season environment we expect them to follow suit.

It is BRI’s policy that any GRI/RR/ PSS/ Associated Infrastructure increases are passed onto our clients as disbursed and will be confirmed and applied once the quantum’s are finalised accordingly.

Keeping You Informed!

BR International 

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