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
10/06
2026
The update of the Wan Hai Bunker Surcharge (WBS) for Q3/2026 by Wan Hai Lines (WHL) aims to proactively manage operational costs amidst the continuous fluctuations in global oil prices, while complying with stringent clean fuel standards in international maritime transport. This periodic adjustment helps ensure the maintenance of service quality and the stability of shipping routes departing from key southern port clusters (Ho Chi Minh City, Dong Nai, Ba Ria - Vung Tau) to global markets.
05/05
2026
The revised surcharge will take effect from June 1, 2026 (based on gate-in date) and will remain applicable until further notice.
25/03
2026
The global aviation industry is facing a new wave of disruption as ongoing tensions in the Middle East continue to put pressure on jet fuel costs, flight operations, and the overall stability of international air networks. The impact is no longer limited to routes passing directly through conflict-affected areas. Instead, it is now spreading across multiple markets, driving higher airfares while also increasing the risk of flight delays and cancellations on a broader scale.