News
11 major container shipping lines serving the trade to and from China are acting to modify their Terminal Handling Charges (THC) in the wake of a report titled ''THC Investigation Conclusion'' released by the Chinese Ministry of Communications. The report concluded that the terminal handling charge is in nature a component of international container transport freight and hence should be folded into freight rates or collected from the party that pays freight.
Effective April 1, the average THCs of the carriers across China will be adjusted as follows:
APL: from RMB 676/TEU to RMB 576/TEU
CMA CGM: from RMB 695/TEU to RMB 560/TEU
COSCO Shipping: from RMB 717/TEU to RMB 596/TEU
Evergreen: from RMB 639/TEU to RMB 542/TEU
Hapag-Lloyd: from RMB 696/TEU to RMB 542/TEU:
Hyundai Merchant Marine: from RMB 706/TEU to RMB 592/TEU
Maersk Line: from RMB 681/TEU to RMB 566/TEU
MSC: from RMB 644/TEU to RMB 503/TEU
MOL: from RMB 678/TEU to RMB 564/TEU
NYK: from RMB 711/TEU to RMB 577/TEU
Sinotrans Container Line: from RMB 664/TEU to RMB 575/TEU
(Rounded to whole numbers)
