MEMBERS of the Asia New Zealand Discussion Agreement (ANZDA) have announced they will impose a BAF (Bunker Adjustment Factor) of US$550 per TEU and $1,100 per FEU for both dry and reefer cargo from and to Korea, China, Taiwan, Hong Kong, Singapore, Indonesia, Malaysia, Philippines, Thailand, Vietnam and New Zealand, effective February 1.
ANZDA members include Cosco, Hamburg Sud, MOL, NYK, OOCL, and PIL.
(Source:www.schednet.com)