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Documents slashed for export traffic and a peep at container rates

26th January 1968
Page 22
Page 22, 26th January 1968 — Documents slashed for export traffic and a peep at container rates
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Which of the following most accurately describes the problem?

ASSOCIATED Container Transportation Ltd. will shortly place an order in Britain worth £11m. for some 1,500 refrigerated containers. But an initial order for 3,100 containers, worth approximately £2,100,000, has been won by the West German firm, Handelsgesellschaft Gerd Buss m.b.H., of Hamburg. They will be built by Deutsche Waggon und Maschinefabriken G.m.b.H., of Berlin.

This was announced at a Press conference on Tuesday by Mr. James Payne, a director of ACT Ltd. Mr. Payne said that the lowest British tender was some five per cent higher than the German firm's price.

Sir Basil Smallpiece, chairman of ACT, said the volume of trade between Britain and Australia was approaching the halfbillion pounds a year mark. An increasingly large proportion of this trade would be containerized, he stressed.

Mr. P. W. Yarwood, general manager, said good progress had been achieved with the simplification of export documentation for containers. Instead of 30 documents only seven would have to be completed and a single bill of lading would replace the existing procedure. The container service starting in January 1969 from Tilbury to Fremantle, Melbourne, and Sydney would enable 11 days to be saved in a typical movement from Birmingham to Ballarat, and the reverse journey, taking 62 days by conventional services, could be reduced to 33 days.

Indicative rates for typical movements were given by Mr. Yarwood, as follows:

Examples 1-2 are Full Container Loads IFCL) door to door: No. 3 is Less than Container Load (LCL).

These rates have been taken from the ACT/OCL indicative tariff which does not include.

(a) a Suez Canal diversion surcharge.

(b) any provision for inclusive insurance cover, (under discussion).

(c) any adjustment for devaluation.

The conventional charges used as a comparison have been calculated on a similar basis.


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