Eleven major lines lower terminal handling charges in China

11 international major carriers have complied with request made by China’s National Development and Reform Commission and the Ministry of Transport to lower terminal handling charges, potentially allow the import and export enterprises to save around RMB3.5bn ($508m).

The rates reduction made by each of the shipping lines are:

Maersk Line – RMB566 per teu, down from RMB681 per teu;
MSC – RMB503 per teu, down from RMB644 per teu;
CMA CGM – RMB560 per teu, down from RMB695 per teu;
Cosco Shipping Lines – RMB596 per teu, down from RMB717 per teu;
APL – RMB576 per teu, down from RMB676 per teu;
Hapag-Lloyd – RMB607 per teu, down from RMB696 per teu;
Evergreen Marine – RMB542 per teu, down from RMB639 per teu;
HMM – RMB592 per teu, down from RMB706 per teu;
NYK – RMB577 per teu, down from RMB711 per teu;
MOL – RMB564 per teu, down from RMB678 per teu;

Sinotrans Shipping – RMB575 per teu, down from RMB664 per teu.

(Seatrade Maritime)