Asia to New Caledonia / Fiji – Rate Restoration

20th June 2012

Asia to New Caledonia / Fiji – Rate Restoration

Dear Valued Customers,

A prolonged period of decline in ocean freight rates set against a backdrop of escalating operating costs has forced Swire Shipping to announce the implementation of a rate restoration programme in order to retain our existing frequency and port coverage.

Swire Shipping is committed to maintain our high level of service from Asia to the New Caledonian and Fijian markets. We currently operate eight multipurpose vessels in this system and provide excellent cargo flexibility with unparalleled direct port coverage delivering 3 vessels per month.

This rate restoration programme will help to provide greater sustainability and reliability for these direct services from Asia to Noumea, Suva and Lautoka. The increase will be added to existing base ocean freight rates effective for all cargoes loading in Asia with a Bill of Lading date on or after 20th July 2012.

Shipments on the East South East Asia Service
20’ FCL: US$ 300
40’ FCL: US$ 600
Break-bulk: US$ 15.00 per revenue ton

Shipments on the North Asia Service
20’ FCL: US$ 250
40’ FCL: US$ 500
Break-bulk: US$ 12.50 per revenue ton

We appreciate your continued support for our business. For further information please do not hesitate to contact our local Sales Representatives.

Yours sincerely

Trade Management
Swire Shipping