Update for cargo from/into Sydney, Australia

We would like to inform you that the operational situation in Sydney is improving, with vessel schedules expected to stabilize from mid-March.

In light of this development, we are pleased to advise that we will be removing the Sydney Congestion Fee (CFO as Congestion Fee Origin and CFD as Congestion Fee Destination), applicable to cargo with Price Calculation Date (PCD) effective from 15th March, 2021.

Over the past months we have been facing significant schedule disruption as a result of the Sydney congestion and we appreciate your continued support and cooperation as we have managed multiple contingencies to continue to keep the global supply chain moving.