Port Congestion Surcharge – update 9/7/2012

I have no positive news on labor dispute between the longshoremen and the East Coast ports. I am surprised that the potential strike hasn’t made more headlines and isn’t getting the attention of our Federal government. Even a “short” one to two week strike could have huge implications on our national economy, especially during the peak shipping season.

More carriers have filed a Port Congestion Surcharge in case of a labor dispute. Here is the latest that we have seen:

Carrier Item

20′

40′

40’HC

45’HC

APL Congestion Surcharge

$320

$400

$450

$505

ANL/US Line Port Congestion Surcharge

$800

$1,000

$1,125

$1,266

CMA Port Congestion Surcharge

$800

$1,000

$1,125

$1,266

CSCL Port Congestion Surcharge

$800

$1,000

$1,125

$1,266

ZIM Port Congestion Surcharge

$800

$1,000

$1,125

$1,266

UASC Port Congestion Surcharge

$800

$1,000

$1,125

n/a

Maersk Congestion Surcharge

$800

$1,000

$1,125

$1,266

Cosco Congestion Surcharge

$800

$1,000

$1,125

$1,266

EMC Congestion Charge At POD

$800

$1,000

$1,125

$1,266

NYK Port Congestion Surcharge

$1,000

$1,000

$1,000

$1,000

Hanjin Port Congestion Surcharge

$800

$1,000

$1,125

$1,266

K Line Congestion Surcharge

$800

$1,000

$1,125

$1,266

YML Port Congestion Charge

$800

$1,000

$1,125

$1,266

HMM Port Congestion Surcharge

$1,000

$1,000

$1,000

$1,000

Hamburg Sud Port Congestion Surcharge

$800

$1,000

$1,000

n/a

Matson Port Congestion Surcharge

$500

$500

$500

$500

Please keep in mind that the surcharge will only take effect in the event that a labor related slowdown/stoppage occurs (strike / lockout / etc.).

We are seeing more importers change their all-water US East Coast bookings to the US West Coast. This has resulted in increasing congestion on vessels coming to the US West Coast.

-Jimmy Ting

jimmyting@great-world.com

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s