Stockwell International News Alert 17th September 2021

Stockwell International News Alert 17th September 2021

Stockwell International would like to update clients on ACCC Investigating Soaring Covid-linked Shipping and Container Costs & more.

Written by

Jane Doe
Managing Director - logistics strategy and consulting
Jane Doe
Managing Director - logistics strategy and consulting

Covid Case Suspends Operation at DP World Sydney 

Stockwell International wad advised yesterday morning that operations had been suspended at DP world Port Botany Terminal on Wednesday 15th due to covid positive contacts being found amount the workforce.

Slots and tome zones were closed from 11:00 to 22:00hrs on Wednesday.
It has since been announced that the terminal has re opened and operations are running as per normal.

ACCC Investigating Soaring Covid-linked Shipping and Container Costs

The Australian Competition & Consumer Commission has opened an investigation into the rapid rise in shipping and container costs in the wake of the Covid-19 pandemic, with inflation emerging as a major bugbear for the nation’s retail sector.

The investigation is only in its early stages but ACCC chairman Rod Sims has confirmed a probe into the international shipping industry has begun, with a particular focus on the price and movement of containers.Drewry’s composite World Container index, a leading barometer of international shipping charges, recorded the cost of a 40 foot shipping container at $US10,083 ($13,709) for September 9, up 309 per cent from the same week in 2020.

The skyrocketing cost of shipping containers that bring everything from sneakers and sofas to washing machines to Australia has ratcheted up costs for importers, especially the retail sector, which has shaved its profit margins, while many have begun to pass on the higher charges to consumers. This is creating inflationary pressures in the Australian economy.

Reference: The Australian

Weather Update 

Shanghai is bracing for torrential rain and strong winds as Typhoon Chanthu heads North. Zhejiang province near Shanghai increased its emergency response to the highest level on Sunday, closing schools, stopping flights and rail services in some cities.

Ningbo port has suspended operations at some of its terminals once more as Typhoon Chanthu approaches, this comes just weeks after the port reopened due to increased congestion caused by Typhoon In-Fa in July. 


Several terminals at the Shanghai Port have also suspended operations due to Typhoon Chanthu.

Industrial Action 

Stockwell International has been notified of Industrial action at Svitzer’s operations in Brisbane and far-north Queensland, the Maritime union of Australia Commenced action on Monday and will continue through to Friday 17th September. 

In Brisbane, the action includes a work stoppage for four hours that started at 07:00am on Monday and also a â€œban on the performance of any work from 10 hours after the shift commencement time, commencing from 12:01 am on Tuesday 14 September 2021 until 11:59 pm on Thursday 30 September 2021”. 

Cairns, Mourilyan and Lucinda will have daily work stoppages from 10:00am to 14:00pm that commenced on Monday and are due to continue through Friday 17 September.

USA Warehouse Congestion Fee Increase 

Stockwell International has been notified from agents in the US that as congestion issues grow across the USA we are all facing severe warehouse space constraints. The below surcharges effective October 1st  2021.

Warehouse Congestion fee
 

1st October 2021
All USA Origins
USD $15 or USD $15 w/m 

Storage fee


1st October 2021
All USA Origins
First 10 days free 
After 10 days USD $30.00 or USD $0.25 per CFT per day 

General Rate Increases, Peak Season Surcharge & Congestion Surcharge 

General Rate Increases:

Stockwell International has received notice that there have been global FCL and LCL general rate increases.  For specific countries and amounts please contact us directly.

1st July 2021
India, Pakistan and Sri Lanka to Australia and New Zealand
Amount: USD $500/TEU and USD $1000/FEU

1th August 2021
North East Asia to Australia 
Amount: FCLUSD $750
LCL USD $30.00 per W/M or Minimum

1st August 2021
USA, Canada and Mexico to Australia and New Zealand
Amount: USD $200/TEU  

1st October 2021
USA and Canada to Australia and New Zealand
Amount: USD 300 for every 20′ container type (Dry & Reefer) USD 600 for every 40′ container type (Dry & Reefer)

1st August 2021 
Atlanta, Baltimore, Boston, Charleston, Charlotte, Memphis, Miami, Norfolk, New York, Philadelphia, San Juan New Zealand – Auckland & Wellington
Amount: USD $8 w/m

1st August 2021
South Africa to Australia and New Zealand
Amount: FCLUSD $250/TEU  

1st September 2021
USA to Australia and New Zealand
Amount: USD $1000 per reefer TEU

1st September 2021
Latin America to Australia and New Zealand
Amount: USD $200 per reefer TEU

15th September 2021
South East Asia, South Asia, India Subcontinent and Middle East to Australia and New Zealand
Amount: USD $200 per TEU USD $400 per FEU

20 September 2021
Australia & New Zealand to Greece/ Turkey/ East Med/ Scan Baltic 
Amount: USD$500 Pre Dry Container 

20 September 2021
Australia & New Zealand to Asia 
Amount: USD$300 Pre Dry Container 

1st October 2021
New Zealand to Australia 
Amount: USD $200 per TEU USD $400 per FEU

1st October 2021
Australia & New Zealand transhipped via Port Kelang, Singapore & Colombo
Amount: LCL USD$72.00 per W/M or Minimum 

1st October 2021
Australia & New Zealand transhipped via Port Kelang, Singapore, Colombo, Middle Eastern Gulf & Red Sea
Amount: USD $1800 Per 20’ TEU for Dry Containers & Reefer Container

1st October 2021
South East Asia, South Asia, India Subcontinent and Middle East to Australia and New Zealand
Amount: USD $500 per TEU USD $1000 per FEU

3rd October 2021
All North American CFS Australia and New Zealand 
Amount: USD $30 w/m /USD $30 min 

1st October 
South East Asia to Australia 
Amount: USD $20w/m

Peak Season Surcharge:

1st August 2021
China, Macau and Hong Kong to Australia
FCLUSD $500/TEU and USD $1000/FEU

1st September 2021
Taiwan to Australia
FCLUSD $500/TEU and USD $1000/FEU

1st September 2021
Auckland, via Auckland to Australia
Amount: USD $5 w/m

19th September 2021
China to Australia and New Zealand 
Amount: USD $300/TEU and USD $600/FEU

22nd July 2021
Australia and New Zealand to Fuzhou 
FCLUSD $1500 per reefer container

16 August 2021
China, Japan, North Korea, South Korea, Taiwan, Hong Kong, Macau, Mongolia to Melbourne, Sydney, Brisbane
Amount: USD $750 per 20’ standard container USD $1,500 per 40’ standard and high cube container

15 August 2021
North Asia to Australia
Amount: USD $30 w/m

15th September 
Chian, Hing Kong and Via Hng Kong, Japan (Direct), Taiwan to Australia 
amount: USD $35 w/m 

15th September 
Singapore and Via Singapore, Port Kelang and Via Port Kelang, Jakarta (Direct), Thailand (Direct) to Australia 
amount: USD $60 w/m 

15th September 
Vietnam (direct) to Australia 
amount: USD $75 w/m 

15th September 
Busan to Australia 
amount: USD $55 w/m 

Congestion Surcharge:

1 August 2021
All US origins to all destinations
LCL USD $10 w/m 

29 August 2021
Chicago, Cincinnati, Cleveland, Columbus, Detroit, Indianapolis, Milwaukee, Minneapolis, Seattle, Portland to all destinations
LCL USD $20 w/m 

1 August 2021
All origins to all US destinations
LCL USD $10 w/m 

1 August 2021
All origins to and via Los Angeles 
LCL USD $12 w/m 

29 August 2021
All origins to and via Chicago
LCL USD $20 w/m 

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