Jan
31

TSA stabilise trans-pacific shipping rates

Posted by Ruaidhri Horan / Tuesday, 31st January 2012 / 0 Comments
shippingrates containershippingrates containershipping seafreight shippingcompanies containershippingcompanies APL chinashipping cma-cgm cosco evergreenshipping hanjinshipping kline nykline maerskline msc oocl yangmingmarinetransport zimshipping

Container shippingThe TSA (Transpacific Stabilisation Agreement) is a research and discussion forum of major container shipping lines that carry sea freight from Asia to US ports. As a group, the TSA develop voluntary, non-binding guidelines for rates and charges.

The TSA suggested a rate increase of $400 per FEU and this translated into Drewrys trans-pacific spot rate stabilising at $1,832 per 40- foot equivilant unit. This is good news for ocean carriers despite the fact that the spot rate is 12% lower than the same week in January 2011.

TSA members include major shipping companies such as APL, China Shipping, CMA-CGM, Cosco,…

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