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TSA sets China THC

The TSA (Transpacific Stabilization Agreement), a discussion forum of major container lines serving the trade from ports and inland points throughout Asia to destinations in the US, have announced that effective 15 January 2002, transpacific container shipping lines will implement a Terminal Handling Charge (THC) for cargo moving from the PRC to the U.S., at the following levels:

DRY

RMB 370 per 20ft container / RMB 560 per 40ft container

REEFER

RMB 410 per 20ft container / RMB 610 per 40ft container

The TSA said these amounts will apply to all PRC cargo except from Guandong, Guangxi, Hainan, Yunnan and Shanghai provinces where the existing Origin Receiving Charge (ORC) of US$141 per 20ft and US$269 per 40ft, and Shanghai Port Surcharge (SPS) of US$66 per 20ft and US$88 per 40ft, will continue to apply under the new designation "THC."

The TSA said that the PRC THC "reflects rising terminal-related costs in handling cargo and managing carrier equipment throughout China. It allows carriers to be more transparent in their pricing, and allows beneficial cargo owners to separate terminal costs from the ocean freight rate, in order to compare costs among various countries on an equal basis."