For full price information, please visit COSCO SHIPPING LINES’s website  : http://elines.coscoshipping.com/ebusiness/EuropeTradePrice

+++++  Dear customer, ++++++

Considering the increased risk situation around the Middle East, especially for cargo moving through the Hormuz strait/Gulf of Aden/Persian Gulf,

COSCO SHIPPING LINES decided to implement a WRS (War Risk Surcharge) for all shipments of AET trade on ocean freight payer’s account and effective as from 21/07/2019 till further notice.

Amount: $ 50,- per TEU Effective as from 21/07/2019;

Remarks:

1. Gulf area includes: Iraq, Kuwait, Saudi Arabia (Eastern Coastal), Bahrain, Qatar, United Arab Emirates & Oman.

2. Europe includes: North West Europe and Mediterranean countries involved. WRS is floating and will be reviewed till further notice. It will invoiced on top of basic ocean freight and other surcharges.

3.      For Syria inbound shipments, a WRS of $ 74,- / $ 148,- will be implemented.


We draw your attention to our new storage charges valid as from 1st of February 2019.  New charges will be applicable for containers loaded on or discharged from vessel as from 1st of February 2019.


Please be informed that as from 01.12.2018, COSCO Shipping Lines will apply an EIS (equipment imbalance charge) for shipments from Europe to Indonesia of usd 20/20’ and usd 30/40’.


New ocean freight calculation system as from 1 May 2018

Dear Customer,

 

Please be informed that, with effect from 01st May 2018, COSCO SHIPPING Lines Co., LTD. will change the calculation

of ocean freight validity from Sailing Date to Receiving Date. The ocean freight will then be calculated as from 1st full Gate in date

at hub, if more than one container under same shipment or B/L, the one lastly received by carrier will be considered.

 

Which trades are affected?

 

Affected are the following Europe / Mediterranean Eastbound services:                                                                                                                                                                  

 

  • Far East
  • Red Sea / IPBC / Middle East
  • Australia / New Zealand

 

DND free time (IDDS)

 

In case that COSCO granted additional DND free time, the previously basis of calculation remains on sailing date (B/L).

 

If you have further questions, feel free to get in touch with

your local office ;

 

COSCO SHIPPING Lines (Belgium) n.v.
Madrasstraat 70 bus 3.01

2000 Antwerpen
Belgium

Tel: 0032-(0)3-222.17.11

 

Sales & marketing dept.- Far East Section

Myriam Van Gestel : 0032(0)3 2221756 – myriam.vg@coscoshippinglines.be

Robert Massart : 0032(0)3 2221509 – rma@coscoshippinglines.be

Philippe Deckers : 0032(0)3 2221592 – phil.de@coscoshippinglines.be