Freight News, Sea

Maersk Line announced Adjustment of Terminal Handling Charges (THC)

[ March 1, 2017   //   ]

Maersk Line announced Adjustment of Terminal Handling Charges (THC)
Based on a commercial decision by Maersk Line China, the company is acting to modify the average Terminal Handling Charges (THC) with effective date 1st April. The average THC across China will be adjusted from RMB 681,05/TEU to RMB 566,02/TEU.
The new THC level will be applied to all spot rates and fixed term contracts signed from 1st April onward. All fixed term contracts, negotiated or renegotiated from 1st March onward and effective from 1st April onward, will also be subject to the new THC level.
Rates are also subject to other applicable surcharges, including local charges and contingency charges. These rates are unaffected by, and do not affect, any tariff notified, published or filed in accordance with local regulatory requirements. For trades subject to the US Shipping Act or the China Maritime Regulations, quotations or surcharges that vary from the Maersk Line tariff shall not be binding on Maersk Line unless included in a service contract or service contract amendment that has been filed with the Federal Maritime Commission (FMC) or the Shanghai Shipping Exchange, as applicable