MEMBER lines of the Asia Australia Discussion Agreement (AADA) will increase rates US$400 per TEU and $800 per FEU on all cargo from mainland China and Hong Kong to Australian ports from October 24.

This increase will apply in full on top of existing ongoing market rates and will be subject to accessorial surcharges applicable at the time of shipment, said the AADA statement.

AADA members include ANL Singapore, China Shipping, Cosco, Hamburg Sud, Hanjin Shipping, Hapag-Lloyd, Hyundai Merchant Marine, "K" Line, Maersk, MSC, MOL, NYK and OOCL.