23 Sep 2005

Islands advised of freight increase by Reef Shipping

9:31 am on 23 September 2005

Pacific islands that source their cargo out of Asia to New Zealand have been advised of a freight increase by Reef Shipping Limited as of 12th September.

Reef Shipping agency manager, Tina Oldehaver, has told Cook Islands News the tariff on general cargo shipped from New Zealand to the Cooks will not change.

Only cargo that has come from Korea, China, Hong Kong, and Taiwan to New Zealand ports will be affected by the increase effective on all shipments from 15th September.

Oldehaver says Reef Shipping move cargo from Asia to the Pacific in conjunction with shipping container leasers MOL in Asia.

She says MOL has applied a general rate increase to their service, forcing Reef Shipping to pass this onto customers as a freight rate increase.

The increase of US$200 for 20 foot containers (both dry and reefer) and US$400 for 40 foot containers (dry and reefer) will now apply to all existing rates.