General Rate Increase – PAN ASIA – PAPUA NEW GUINEA and SOLOMON ISLANDS
General Rate Increase – PAN ASIA – PAPUA NEW GUINEA and SOLOMON ISLANDS
28/02/2022
Dear Valued Customers,
The global shipping industry continues to experience significant challenges and we remain amid the most turbulent period in recent history. Swire Shipping remains committed to maintaining the highest levels of service and maintaining our extensive global and direct services into Papua New Guinea and the Solomon Islands. A General Rate Increase (GRI) is required to continue to provide reliability and long-term sustainability against the backdrop of these current industry challenges.
| From: | North Asia: China, Japan, South Korea and Taiwan region |
| Southeast Asia: Indonesia, Cambodia, Myanmar, Malaysia, The Philippines, Singapore, Thailand and Vietnam | |
| The Gulf and South Asia: The UAE, Bangladesh, India, Sri Lanka, Oman, Pakistan, Qatar, and Saudi Arabia | |
| To: | Papua New Guinea, Solomon Islands |
| Ocean Freight Increase | |
| 20′ FCL: | USD 650 |
| 40′ FCL: | USD 1,300 |
| Break-bulk / LCL: | USD 37.50 per revenue ton |
Increases become appliable for any shipment with a Bill of Lading date of April 1st 2022 or later.
Please contact your local Swire Shipping representative for more information.