(Mike King – Lloyd’s Loading List)
Major container shipping lines serving the Asia-U.S. trade are to implement congestion charges of up to $1,000 per 40-foot container (FEU) for cargo moving via U.S. West Coast ports from today onwards in response to labour-related terminal delays, according to the Transpacific Stabilization Agreement, a research and discussion forum major container shipping lines serving the Asia-U.S. trade.
The TSA said a number of its members would implement the congestion surcharges with immediate effect due to the ongoing labour disputes and capacity and equipment shortages at U.S. West Coast ports.
“Earlier this year shipping lines individually published congestion charges specifically to cover laboUr-related service disruptions,” said the TSA. “Beginning November 17, carriers will assess and collect their respective charges on an individual basis for eastbound and westbound cargo.” Read more here.