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RATE RESTORATION – Pacific Islands

02/03/2021

Dear Valued Customers,

After a long period of declining ocean freight rates and escalating operating costs, Swire Shipping is required to implement a rate restoration in order to maintain our existing frequency and port coverage.

Swire Shipping is committed to maintaining its highest level of direct service and global connections with the Pacific Islands. This rate restoration ensures that we can continue to provide the greatest reliability and long-term sustainability for these services.

From North Asia: China, Japan, South Korea and Taiwan
Southeast Asia: Indonesia, Cambodia, Myanmar, Malaysia, The Philippines, Singapore, Thailand and Vietnam
The Gulf and South Asia: The UAE, Bangladesh, India, Sri Lanka, Oman, Pakistan, Qatar, and Saudi Arabia
To American Samoa, Cook Islands, Fiji, French Polynesia, Kiribati, Marshall Islands, Nauru, New Caledonia, Niue, Tonga, Western Samoa, Vanuatu, Wallis and Futuna
20ft Containers USD 400
40ft Containers USD 800
Breakbulk USD 22.50 per revenue ton

The increase which will be applied to ocean freight (OCF), and are payable by the freight payer, will become applicable for any shipment with a Bill of Lading date of April 1st or later.

We thank you for your understanding of the size of the investment Swire Shipping has to make in order to maintain our market-leading services to the Pacific Islands in terms of the direct coverage of ports we support and the frequency of our vessel calling.

We appreciate your continued support. Please do not hesitate to contact your local Swire Shipping representative for more information on how we can support your business requirements.

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