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    Port Congestion Surcharge – update 9/7/2012

    I have no positive news on labor dispute between the longshoremen and the East Coast ports. I am surprised that the potential strike hasn’t made more headlines and isn’t getting the attention of our Federal government. Even a “short” one to two week strike could have huge implications on our national economy, especially during the peak shipping season.

    More carriers have filed a Port Congestion Surcharge in case of a labor dispute. Here is the latest that we have seen:

    Carrier Item

    20′

    40′

    40’HC

    45’HC

    APL Congestion Surcharge

    $320

    $400

    $450

    $505

    ANL/US Line Port Congestion Surcharge

    $800

    $1,000

    $1,125

    $1,266

    CMA Port Congestion Surcharge

    $800

    $1,000

    $1,125

    $1,266

    CSCL Port Congestion Surcharge

    $800

    $1,000

    $1,125

    $1,266

    ZIM Port Congestion Surcharge

    $800

    $1,000

    $1,125

    $1,266

    UASC Port Congestion Surcharge

    $800

    $1,000

    $1,125

    n/a

    Maersk Congestion Surcharge

    $800

    $1,000

    $1,125

    $1,266

    Cosco Congestion Surcharge

    $800

    $1,000

    $1,125

    $1,266

    EMC Congestion Charge At POD

    $800

    $1,000

    $1,125

    $1,266

    NYK Port Congestion Surcharge

    $1,000

    $1,000

    $1,000

    $1,000

    Hanjin Port Congestion Surcharge

    $800

    $1,000

    $1,125

    $1,266

    K Line Congestion Surcharge

    $800

    $1,000

    $1,125

    $1,266

    YML Port Congestion Charge

    $800

    $1,000

    $1,125

    $1,266

    HMM Port Congestion Surcharge

    $1,000

    $1,000

    $1,000

    $1,000

    Hamburg Sud Port Congestion Surcharge

    $800

    $1,000

    $1,000

    n/a

    Matson Port Congestion Surcharge

    $500

    $500

    $500

    $500

    Please keep in mind that the surcharge will only take effect in the event that a labor related slowdown/stoppage occurs (strike / lockout / etc.).

    We are seeing more importers change their all-water US East Coast bookings to the US West Coast. This has resulted in increasing congestion on vessels coming to the US West Coast.

    -Jimmy Ting

    jimmyting@gwlcorp.com