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Container yard fees for TWRA

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THE Transpacific Westbound Rate Agreement (TWRA) will impose a destination container yard (CY) charge of HK$1,760 per 40 foot or 45 ft container and HK$1,250 per 20 ft unit from January.

The decision was taken at the recent owners-level meetings in Taipei.

TWRA's destination CY charges for Taiwan will be set at a rate of NT$5,705 (about HK$1,597) per 40 ft or 45 ft container, and NT$4,419 per 20 ft container.

The comparable charges, quoted in US dollars and based on exchange rates effective on December 1, this year, will be established for the benefit of customers who sometimes chose to pre-pay those amounts owing for such fees.

TWRA also has reaffirmed its schedule of planned rate adjustments for the remainder of this year, most of which have been announced in previous agreement statements.

From October 1, rates on hay to Japan via US West Coast port gateways will be set at US$850 per FEU (40 ft equivalent unit) from the California ports; US$930 per FEU from Seattle/Tacoma; and US$980 from Portland.

On January 1, those rates will be increased to US$1,035, US$1,115 and US$1,165, respectively.

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