RATE RESTORATION – Papua New Guinea and Solomon Islands
09/02/2021
After a long period of declining ocean freight rates and escalating operating costs, NGPL is required to implement a rate restoration in order to maintain our existing frequency and port coverage.
NGPL is committed to maintaining its highest level of service and global connections with Papua New Guinea and the Solomon Islands. This rate restoration ensures that we can continue to provide the greatest reliability and long-term sustainability for these services.
| From: | |
|---|---|
| North Asia | China |
| Southeast Asia | Indonesia, Malaysia, Philippines, Singapore, Thailand, Taiwan and Vietnam |
| To: |
|---|
| Papua New Guinea |
| Solomon Islands |
| RATE RESTORATION QUANTUM: | |
|---|---|
| 20’FCL | USD 500 |
| 40’FCL | USD 1,000 |
The increase which will be applied to ocean freight (OCF), and are payable by the freight payer, will become applicable for any shipment with a Bill of Lading date of 1st March or later.
We thank you for your understanding of the size of the investment that has to make in order to maintain our market-leading services into Papua New Guinea and the Solomon Islands in terms of coverage of ports we support and the frequency of our vessel calling.
We appreciate your continued support. Please do not hesitate to contact our local representative for more information on how we can support your business requirements.
The NGPL Commercial Team
sintrade@ngpline.com I Email
