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European container lines introduce Asia surcharges

Two major container shipping lines, Hapag-Lloyd and CMA CGM, have announced new Peak Season Surcharges for shipments originating from Asia.

German ocean carrier Hapag-Lloyd revealed an increase in the Peak Season Surcharge (PSS) from the Far East, including Oceania, to North Europe and the Mediterranean.

This adjustment applies to all sailings beginning on the tariffing date of 15 June 2024 and remains effective until further notice. The updated PSS amount is US$1,000 per TEU.

For your reference, the geographical scope of this PSS is explained below:

https://www.hapag-lloyd.com/content/dam/website/downloads/pdf/Europe_Far_East_Trades_2023.pdf

Additionally, the French box line CMA CGM announced an upcoming Peak Season Surcharge effective from 1 July 2024, until further notice.

This surcharge applies to shipments originating from Asia (including China, Taiwan, Hong Kong, Macau, South East Asia, South Korea, and Japan) bound for the United States.

The surcharge applies to dry, reefer, out of gauge, and breakbulk cargo, with rates set at US$2,160 per 20' container, US$2,400 per 40'/40'HC/40'RF container, US$3,040 per 45' container, and US$3,840 per 53' container.

Furthermore, CMA CGM advises its customers of an upcoming PSS effective from 7 June 2024 (loading date) until further notice.

This surcharge applies to shipments originating from China to both the West Africa North Range (including Liberia, Senegal, Mauritania, Gambia, Guinea, Sierra Leone, Guinea-Bissau, Cape Verde, Sao Tome & Principe) and South Range (including Angola, Congo, DRC, Namibia, Gabon, Cameroon).

The surcharge is applicable for dry cargo and amounts to US$500 per TEU.





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