Dear Clients,

We have received another round of notifications from shipping lines in relation to a 4th GRI for 2024 ex CHINA, to be applied on the 1st JUNE.

Along with another announcement for a 2nd round of GRI (general rate increase) ex S.E.Asian ports from the 1st JUNE also.

Please see the amounts below.

And once again we remind you that many shipping lines are advising bookings need to be placed 14 days in advance at the current time, due to demand. We therefore encourage you to advise your suppliers of this and ensure they are communicating well in advance of the cargo ready date.

GRI Figures ex CHINA

1st MAYUSD200 to 500 per 20’
USD400 to 1000 per 40’
15th MAYUSD300 per 20’
USD600 per 40’
1st JUNEUSD300 per 20’
USD600 per 40’

With this GRI ex CHINA, rates are pushing up and over the USD3000 range.

GRI Figures ex S.E.ASIA

15th MAYUSD100 per 20’
USD200 per 40’
1st JUNEUSD100 per 20’
USD200 per 40’

As always, Transways will only be adjusting your pricing should the carriers apply the increases.

If you would like to discuss the current market conditions further, please reach out to your Transways Key contact.
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