Hapag-Lloyd sets new charges from Asia

Hapag-Lloyd has announced several rate increases, which will take effect in August, for sailings starting from Asia ports.

Firstly, the German carrier will impose a General Rate Increase (GRI) of US$950 per TEU for all types of cargoes heading from the Middle East and the Indian Subcontinent to the East Coast of South America. This GRI will begin on 1 August.

Two weeks later, the liner operator will implement a new ocean tariff rate increase of US$1,000 for all types and sizes of cargo, from the Indian Subcontinent to the Mediterranean, as follows:

Additionally, on 15 August, Hapag-Lloyd will apply the same ocean tariff rate increase from the Middle East and Pakistan to the Mediterranean ports for all cargoes, as well.

Moreover, the Hamburg-based box line will push up its rates for all dry boxes from the Indian Subcontinent to Rotterdam and London Gateway, effective from 15 August, as follows:

Lastly, effective from the same date, the updated Hapag-Lloyd prices for dry containers from the Middle East and Pakistan to North Europe will be as follows:

Container News


Related News

US Shipping Act receives a reform from Congress
US Shipping Act receives a reform from Congress

A bill is set to be enacted in the United States House of Representatives to form the US Shipping Act. with motive: to resolve supply chain congestion caused by the confluence of record consumer and corporate import demand in the US, combined with the delays caused by the Covid-19 pandemic.

2021: a year of Covid variants and milking the freight rate cash cow
2021: a year of Covid variants and milking the freight rate cash cow

Starting the year in lockdown and ending the year in lockdown, it all seems like a scene from the Bill Murray classic film Groundhog Day, but in between we did manage some valuable face-to-face networking. So here’s hoping we can finally kick this nasty virus into touch in 2022!

Box lines continue to reap record profits, HMM reports US$4.6 billion earnings in 2022 H1
Box lines continue to reap record profits, HMM reports US$4.6 billion earnings in 2022 H1

Container carriers continue to achieve record financial results in the post-Covid era with HMM announcing outstanding revenue and profits this time.


main.add_cart_success