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Rate Restoration Program (G.R.I) - Asia - May 2014

Posted on 5 May 2014

SOUTH EAST ASIA (Thailand, Malaysia, Indonesia)

The May 1st GRI was partially implemented with small variations in certain ports.

FAR EAST ASIA (Korea, China, Taiwan, Hong Kong)

Shipping lines are continuing to publish a GRI of USD$500 per TEU and USD$1000 per FEU effective 15th May, 2014. Trade volumes are still of short supply and it is expected there will be some fluctuation around this amount.

Our Customer Service and Account Management team will keep you updated with market rate levels.