CARIBBEAN SHIPOWNERS ASSOCIATION
FMC Agreement No. 205-010979
Florida Shipowners Group Inc
FMC Agreement No.011953
101 N.E. Third Avenue – Suite 1500
Fort Lauderdale, FL 33301-1181
Tel (954) 332-3750 Fax (954) 332-3693
E-mail:
joe@floridashipowners.com
January 3, 2012
PRESS RELEASE
Members of the Caribbean Shipowners Association (CSO) call attention to 2012 General Rate Increases (GRI) and a Peak Season Surcharge (PSS). This announcement is intended to allow exporters and importers to more effectively plan for 2012.
GENERAL RATE INCREASE: General Rate Increases will be implemented as follows, applicable to all contract and tariff rates, northbound and southbound, to and from all CSO Caribbean basin service destinations:
| Effective |
Sunday, 2/5/2012 |
Sunday, 5/6/2012 |
Sunday, 8/26/2012 |
| 20' |
$ 75.00 |
$ 100.00 |
$ 75.00 |
| 40' |
$ 150.00 |
$ 200.00 |
$ 150.00 |
| Over 40' |
$ 169.00 |
$ 225.00 |
$ 169.00 |
PEAK SEASON SURCHARGE:
Effective October 7, 2012 through December 16, 2012:
A temporary Peak Season Surcharge (PSS) of $150 per TEU will be applied without exception southbound only to all CSO Caribbean basin service destinations.
Stress on availability of containers and space to serve exports from United States may be expected to last through the 2012 peak season. This announcement of the PSS will allow exporters and importers to plan ahead and schedule cargo movements prior to and following the Peak Season period. As well, the Surcharge will enable carriers to recover the higher costs caused by projected increased volumes, including equipment positioning, labor overtime, port congestion, cruise liners and extra loaders. Adjusting prices to reflect seasonal demand is a common practice in many industries and is designed to shift peak demand to better match supply thus avoiding service delays during peak periods. The surcharge will be assessed as follows:
| 20 foot container: |
$150.00 |
| 40 foot container: |
$300.00 |
| Over 40 feet: |
$338.00 |
The members of the CSO include Bernuth, CMA CGM, Crowley, Seaboard, SeaFreight Line, and ZIM.
CSO members service trade lanes between the United States and the Caribbean destinations of Anguilla, Antigua, Dominica, Grenada, Montserrat, Saba, St Barths, St Eustatius, St Kitts & Nevis, St Lucia, St Maarten, St Vincent, Trinidad, Jamaica, Guyana and Suriname.
For further information please contact your carrier of choice.
