Hapag-Lloyd pushes up prices in Latin America
Hapag-Lloyd has announced new rates from East Asia and Canada to destinations in Latin America.
The German line has already implemented since 9 August a general rate increase (GRI) of US$500 per container from China, Hong Kong, Japan, Macau, Mongolia, South Korea, Taiwan, East Russia, Indonesia, Cambodia, Laos, Myanmar, Thailand, Vietnam, Malaysia, Philippines, Singapore and Brunei to the ports in Brazil, Argentina, Paraguay and Uruguay.
The GRI is applicable to all cargoes and all container types, according to the company's announcement.
Furthermore, the Hamburg-based carrier will introduce a new GRI with effect as of 1 September (date of cargo receipt at origin) for all cargo between the Port of Vancouver in Canada to Latin America.
Hapag-Lloyd noted the GRI will be US$350 per 20' container and US$450 per 40' container.
Source: Container News
Related News
15/10
2021
MSC, the second-largest carrier in the world, will implement a new Peak Season Surcharge (PSS) from Northwestern (NWC) and ScanBaltic Europe to the port of Savannah in the United States.
22/10
2021
The largest container alliance in the world, 2M Alliance has decided to change the rotation of several services in Europe, due to port congestions and supply chain issues.
10/08
2021
Taiwanese liner operator Evergreen’s net profit shot up 29-fold in the first half of this year to $3.2bn, thanks to continuing equipment and capacity shortages pushing up rates.