CMA CMA CGM issued an announcement on the official website on February 16 regarding the applicable date of export freight. It clarified that starting from April 1 (the actual sailing date), for all routes exported from China (except North American routes), the applicable date of

CMA CMA CGM issued an announcement on the official website on February 16 regarding the applicable date of export freight. It clarified that from April 1 (the actual sailing date), the freight will be applicable to all routes exported from China (except North American routes). The date is the actual sailing date.

The following is the full text of the announcement:

For a long time, there have been many standards for shipping applicable dates in the market. According to the market supply and demand relationship and the specific regulations of each shipping company, the freight may be applicable to the actual sailing date/actual arrival date/actual booking date, etc. In recent years, due to frequent late openings and large market price fluctuations, the applicable dates for freight charges have become even more confusing.

CMA CGM issued an announcement this time, which clarified that for China's export routes except North American routes, the applicable dates for freight rates refer to the actual sailing date. It can be understood that: The agreed price is only applicable when the ship is shipped within the agreed time period. If the agreed time period is exceeded, the possibility of price changes does not rule out.. The North American route may not be included in this category yet due to the well-known congestion and shipping schedule disorders.

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In addition, starting from this week, there is a wave of freight adjustment news as follows:

• Note 1: COSCO’s ordinary freight adjustment fee is only applicable to freight under all service contracts.
• Note 2: The ordinary freight adjustment fee levied by Evergreen Shipping Company on dry cargo is US$1,000 per 40-foot TEU and frozen cargo is US$2,000 per 40-foot TEU. The charging standards for other box types are calculated according to the general conversion formula.
• Note 3: The ordinary freight adjustment fee levied by Hyundai Merchant Shipping Co. for freight destined for U.S. West Coast ports, East Coast ports and Gulf ports is US$1,000 per 40-foot TEU; for inland points, small road bridges and railway combined transport The ordinary freight adjustment fee levied on freight is US$2,000 per 40-foot TEU. The charging standards for other box types are calculated according to the general conversion formula.

Some members of the Transpacific Stabilized Tariff Agreement have updated their tariffs to include ordinary freight adjustment fees effective from March 1, 2022. This includes COSCO, Evergreen Marine Corp., Hyundai Merchant Marine Corp., Ocean Express, Yang Ming Marine Corp. and ZIM Shipping Lines. The following table is the collection period standard for 40-foot standard containers. The charging standards for other container types are calculated according to the general conversion formula. html The ordinary freight adjustment fee effective on March 1 is the fifth ordinary freight rate adjustment on the East Asia/US route since 2022. Price adjustment fee .

• Note 1: COSCO’s ordinary freight rate adjustment fee is only applicable to freight under all service contracts.
• Note 2: Evergreen Shipping Company’s ordinary freight adjustment fee is US$2,000 for frozen containers and US$1,000 for dry cargo containers. Other box types are calculated according to the formula.
• Note 3: The ordinary freight adjustment fee levied by Hyundai Merchant Shipping Co. for freight destined for U.S. West Coast ports, East Coast ports and Gulf ports is US$1,000 per 40-foot TEU; for inland points, small road bridges and railway intermodal transport The ordinary freight adjustment fee levied on freight is US$2,000 per 40-foot TEU. Charges for other box types are calculated based on the one-share conversion formula.
• Note 4: The ordinary freight adjustment fee levied by Yang Ming Shipping Company for freight destined for U.S. West Coast ports, East Coast ports and Gulf ports is US$1,000 per 40-foot TEU; for inland points, small roads, bridges and railways The ordinary freight adjustment fee levied on intermodal freight is US$2,000 per 40-foot TEU. The charging standards for other box types are calculated according to the general conversion formula.