[Pricing Update] Sea Shipping Fee Adjustment

Published at 5 months ago

Dear Customers,

We would like to inform you that the sea freight rates are currently facing a significant increase due to stricter sanctions imposed by the United States on China, which have almost halted Chinese exports to the United States since yesterday.

In response to this situation, Chinese companies are opting to use Asian routes for transshipment before shipping goods to the United States. During this process, the Malaysian route serves as a transshipment hub, causing a surge in cargo inflow and a sharp increase in freight demand. Consequently, shipping companies are opting for higher-priced routes, thereby increasing the current shipping costs.

We apologize for the temporary price adjustment, and we were informed of this increase by the shipping companies only this evening (May 17).

Effective May 18, our West Malaysia and East Malaysia private sea freight rates will increase by RM 40 per cubic meter; however, sea freight small parcel rates will remain unaffected.

The new rates will apply to newly submitted shipments.

At this moment, we cannot predict how long this price increase will last, as it is due to national sanctions. We hope for your understanding.

Below is our latest price list.

Thanks for your continued support and understanding.

Sea Freight Price List


Region Channel Old Price New Price
West Malaysia Normal Private Sea Freight RM 370
/ m3
RM 410
/ m3
Sensitive Private Sea Freight RM 400
/ m3
RM 440
/ m3
East Malaysia Normal Private Sea Freight RM 630
/ m3
RM 670
/ m3
Sensitive Private Sea Freight RM 650
/ m3
RM 690
/ m3

The following is a comparison between our prices and those of our peers:

Shipping Method Other Company Price WePost Price Cheap
West Malaysia
Normal Sea Freight
Yxudx RM 431
/ m3
RM 410 / m3
WIN
RM 21
Myexsyx6 RM 490
/ m3
RM 80
Bxymxll RM 490
/ m3
RM 80
Mxpox RM 494
/ m3
RM 84
West Malaysia
Sensitive Sea Freight
Yxudx RM 465
/ m3
RM 440 / m3
WIN
RM 25
Bxymxll RM 490
/ m3
RM 50
Myexsyx6 RM 530
/ m3
RM 90
Mxpox RM 559
/ m3
RM 119