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CANADA TRANSPACIFIC STABILIZATION AGREEMENT (CTSA) NOTICE
Major Trans-Pacific shipping lines of the Canada Transpacific Stabilization Agreement (CTSA), wish to advise their customers that effective August 1st, 2009, the Currency Adjustment Factor will be at the following levels:
2% - Applicable from all origins including Japan and the PRC
The members will continue to monitor exchange rates and will notify their customers of any further adjustments.
CTSA ADOPTS GENERAL RATE INCREASE FOR AUGUST 1
In an effort to partially reverse the recent erosion of freight rates in the Asia-Canada market, container shipping lines in the Canada Transpacific Stabilization Agreement (CTSA) have agreed on the need for a general rate increase (GRI), effective August 1, 2009.
CTSA lines say they intend on August 1 to implement increases in the amount of US$300 per 20-foot container (TEU); $400 per 40-foot container (FEU); and $500 per high-cube FEU. The GRI will apply to all inland point intermodal (IPI), mini-land bridge (MLB) and East Coast all-water cargo moving on CTSA member lines’ vessels.
COSCO EASTBOUND GENERAL RATE INCREASE (GRI) FOR CANADA
Please note Revised Effective Date for the General Rate Increase (GRI) from July 16 to August 01, 2009 and update to Hi-cube amount below.
Quote: COSCO will be implementing a General Rate Increase (GRI) for all Eastbound cargo moving under tariff and service agreements from Far East & Indian Subcontinent (Bangladesh, Brunei, Burma, Cambodia, China, India, Indonesia, Japan, Korea, Hong Kong, Macau, Malaysia, Pakistan, Philippines, Singapore, Sri Lanka, Taiwan, Thailand, Vietnam) to Canada.
Effective August 01, 2009, the GRI for all Eastbound cargo from Far East/Indian Subcontinent to all Canadian destinations will be:
US$ 300.00 per 20ft container
US$ 400.00 per 40ft container
US$ 500.00 per 40ft high cube container
US$ 510.00 per 45ft container
If you have any questions, contact the Customer Service or Sales Department in your area.
CONGESTION HITS INDIA'S JNPT - STRIKE ON-GOING AT HALDIA
Congestion has hit Jawaharlal Nehru Port again – the number of import containers awaiting evacuation being more 14,000 TEUs with another 1,000 TEUs awaiting Customs clearance, reported local media. Predictably, the authorities of the port have sought immediate intervention of the Container Corporation of India (Concor). The authorities had earlier agreed to allocate an additional dedicated rail line to facilitate quicker evacuation of accumulated boxes from DP World’s terminal. The average daily loading of import containers by Concor at is about 18-19 trains against the arrival of 14-15 trains of exports. In the first two months of the current fiscal year, imports totalled 131,000 TEUs and exports 89,700 TEUs.
On a separate note cargo handling at India’s Port of Haldia has been affected by a strike by unionized dockworkers who joined protests calling for wage increases and additional benefits. Reports said the strikers blockaded the entry and exit to the dock, obstructing traffic movements. The labour action, which began on Monday, is the latest in a string of work stoppages at Haldia, a sister facility of Kolkata on the east coast, after the authority handed over onboard operations at two berths to a private contractor. Officials said despite several rounds of talks between representatives of the contractor and trade unions, no settlement was reached as of Wednesday.
PIRACY WILL INCREASE COSTS, INSURERS SAY
American Shipper - Piracy risk and insurance costs associated with it are expected to rise in the coming years, a panel of marine insurers said. "Rates and charges may well escalate if the number of successful piracy attacks increases," said one source according to a Reuters report Monday.
A recent report from the insurer Lloyd's of London spelled out the potential consequences of piracy -- including longer sea voyages and piracy fees added by carriers onto shippers’ bills. "The cost of keeping global trade routes open could result in a growing 'piracy tax' that will be felt by a wider range of businesses and consumers, already battered by the effects of recession," the report said.
The Reuters report said 20,000 ships pass through the Suez Canal each year, and most cross the pirate-infested waters off the coast of Somalia. While attacks have diminished in recent weeks, as weather in those waters has been poor, insurers expect the attacks to recommence. International naval efforts to curtail attacks have been hampered by the sheer expanse of ocean in which the pirates operate.
AIR CANADA RECEIVES THE GO AHEAD FOR TEMPERATURE-CONTROLLED UNITS
Air Canada says it has become the first North American airline to be certified by Transport Canada for the carriage of temperature-controlled RKN e1 containers. The RKN e1 uses electrical heating and compressor cooling technology that allows for the maintenance of temperatures between +2 and +25 C.
“This is great news for Air Canada Cargo and for our customers,” said Lise-Marie Turpin, managing director for Air Canada Cargo. “With the RKN e1, we are able to offer our customers another specialized solution for the transportation of temperature-sensitive shipments.”
CKYH ALLIANCE TO ADD VIETNAM-USEC LOOP
JOC Online - The CKYH Alliance will start direct service between Vietnam and the U.S. East Coast in the middle of August by adding Ho Chi Minh City to the current AWE-4 service. “K” Line will operate eight of its 3,850-TEU vessels on behalf of the alliance, which includes Yang Ming and Hanjin Shipping.This will be the first direct service between the port of Cai Mep, which serves Ho Chi Minh City, to Norfolk and New York. Transit time is estimated to be 27 days to Norfolk and 28 days to New York.
The CKYH announcement follows the launch of direct services between Vietnam and the U.S. West Coast in June by APL, MOL and Hanjin Shipping. The outsourcing of apparel production by major U.S. retail importers has encouraged the growth container services to Vietnam. Direct service from Vietnam to the U.S. was delayed until this summer after the harbour at Cai Mep had been dredged to handle deep-sea vessels and the first two of the port’s six planned container terminals had been completed. The port rotation of the revised AWE-4 service will be: Singapore, Ho Chi Minh City, Shekou, Hong Kong, Yantian, Norfolk, New York, Halifax, and back to Singapore.
TSA LINES PLAN $500-PER=FEU RATE HIKE
American Shipper - Container shipping lines serving the Asia/U.S. freight market say they will seek an across-the-board freight rate increase of $500 per 40-foot equivalent unit next month. The 14 members of the Transpacific Stabilization Agreement (TSA) said they have adopted a voluntary guideline increase because "average rate levels achieved in the latest round of service contract negotiations are not sustainable over the typical 12-month 2009-2010 contract term."
The $500 per FEU increase, with proportionate increases for other equipment sizes, is to take effect August 10. The increase will apply to rates for all commodities and all U.S destinations. TSA said that in certain cases, it will be necessary for lines to engage with shippers in a renegotiation of contracts that do not provide for some form of interim rate adjustment. The carriers said they will also pursue full implementation of the quarterly bunker fuel charge, which adjusted upward on July 1 to reflect higher fuel prices.
TSA added that the planned general rate increase does not preclude the possibility of a peak season surcharge if the market measurably strengthens and extensive peak season costs are incurred…
CFIA - FISH/SEAFOOD EXPORT CERTIFICATION REQUIREMENTS - BELARUS
The Canadian Food Inspection Agency cannot issue any type of fish export certificate to Belarus unless the exporter was able to obtain an export permit from the Department of Foreign Affairs and International Trade Canada (DFAIT).
Exporters are to contact the Export Controls Division, of DFAIT before making arrangements to export any goods from Canada to Belarus to obtain an export permit under the authority of the Export and Import Permits Act. DFAIT will review all applications for permits to export items to Belarus on a case-by-case basis. For further information visit: http://www.inspection.gc.ca/english/fssa/fispoi/export/coupaye.shtml or contact:
Export Controls Division (TIE)
Export and Import Permits Bureau
Foreign Affairs and International Trade Canada
125 Sussex Drive
Ottawa, Ontario
K1A 0G2
Telephone: 613-996-2387
Facsimile: 613-996-9933
Email: [email protected]
CTSA ADOPTS GENERAL RATE INCREASE FOR AUGUST 10, 2009
Following the announcement made on July 1st, shippers are advised that the Member lines of the CTSA, have also decided to extend their general rate increase of US$300 per 20-foot container (TEU); $400 per 40-foot container (FEU); and $500 per high-cube FEU to also cover Vancouver. The effective date of the increase for Vancouver cargo will be August 10, 2009.
COSCO CURRENCY ADJUSTMENT FACTOR (CAF) AUGUST 2009 - FOR EASTBOUND CARGO
FoCOSCO, as a member of the CTSA, has adjusted the Currency Adjustment Factor (CAF) for all Eastbound cargo to Canada. Effective August 01, 2009, the CAF for all Eastbound cargo from all Far East & Indian Sub-Continent origins (including Japan & the PRC) to all Canadian destinations will be:
2 % on top of Ocean Freight
CAF will be calculated and will fluctuate on a monthly basis. CAF trigger will be based on a 2% variance. If you have any questions, please contact the Customer Service Department in your area.
INDIAN RAILWAYS TO STANDARDIZE FREIGHT SCHEDULE
JOC Online - In a significant step that will help speed freight movements in the country, Indian Railways announced plans to operate container trains with fixed schedules and assured transit times. The Indian Railway minister said several measures are being taken to improve the country’s slow and erratic intermodal services, which result in missed port connections and additional costs for the trade.
The new measures include allowing private rail operators to access rail sidings owned by companies and opening new privately funded freight terminals and logistics parks. The planned scheduled service is expected to make box-rail operators more competitive with road transporters that carry a substantial volume of hinterland traffic.
Container Corp. of India, an offshoot of Indian Railways, is the largest intermodal logistics provider in the country, with a network of nearly 60 inland depots. It enjoyed a total monopoly in the market until the central government issued licenses to 14 private operators in 2006, including several global shipping companies.
The minister said they also have plans to develop an industrial corridor along the eastern rail freight corridor between Delhi and Kolkata, similar to the Delhi-Mumbai industrial corridor project that is being built with Japanese financial assistance. Railways carried 833 million tons of freight traffic in fiscal 2008-09, an increase of 5 percent over the previous year. It has set a target of 882 million tons for 2009-10 ending March 31.
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