New ocean freight calculation system as from 1 May 2018

Dear Customer,

 

Please be informed that, with effect from 01st May 2018, COSCO SHIPPING Lines Co., LTD. will change the calculation

of ocean freight validity from Sailing Date to Receiving Date. The ocean freight will then be calculated as from 1st full Gate in date

at hub, if more than one container under same shipment or B/L, the one lastly received by carrier will be considered.

 

Which trades are affected?

 

Affected are the following Europe / Mediterranean Eastbound services:                                                                                                                                                                  

 

  • Far East
  • Red Sea / IPBC / Middle East
  • Australia / New Zealand

 

DND free time (IDDS)

 

In case that COSCO granted additional DND free time, the previously basis of calculation remains on sailing date (B/L).

 

If you have further questions, feel free to get in touch with

your local office ;

 

COSCO SHIPPING Lines (Belgium) n.v.
Madrasstraat 70 bus 3.01

2000 Antwerpen
Belgium

Tel: 0032-(0)3-222.17.11

 

Sales & marketing dept.- Far East Section

Myriam Van Gestel : 0032(0)3 2221756 – myriam.vg@coscoshippinglines.be

Robert Massart : 0032(0)3 2221509 – rma@coscoshippinglines.be

Philippe Deckers : 0032(0)3 2221592 – phil.de@coscoshippinglines.be