Hapag-Lloyd announced that a General Rate Increase (GRI) will be implemented for all cargo in dry and reefer containers from the South America East Coast to North America, Mexico, Central America, and the Caribbean starting 1 August 2024.
This increase will be US$500 per container and will remain in effect until further notice.
Furthermore, the German box line announced additional ocean tariff rates for shipments from the Indian Subcontinent and Arabian Gulf to South Europe and North Africa.
This rate increase will apply to sailings commencing on or after 15 July 2024 and will remain in effect until 31 July 2024.
The details of this increase are as follows:
Per 20 ‘Dry Containers (USD)
| From* | To* | Current base rate level | New base rate level | Delta |
|---|---|---|---|---|
| Jebel Ali, EA | West Mediterranean & North Africa | 3,007 | 3,507 | 500 |
| Jebel Ali, EA | East Mediterranean & Black Sea | 3,007 | 3,507 | 500 |
| Karachi, PK | West Mediterranean & North Africa | 2,852 | 3,352 | 500 |
| Karachi, PK | East Mediterranean & Black Sea | 2,852 | 3,352 | 500 |
| Mundra / Nhava Sheva (IN) | West Mediterranean & North Africa | 2,852 | 3,352 | 500 |
| Mundra / Nhava Sheva (IN) | East Mediterranean & Black Sea | 2,852 | 3,352 | 500 |
| Kattupalli, IN | South Europe & North Africa | 2,502 | 3,002 | 500 |
| Colombo, LK | South Europe & North Africa | 2,502 | 3,002 | 500 |
| Chittagong, BD | South Europe & North Africa | 2,702 | 3,202 | 500 |
Per 40′ Dry Container (USD)
| From* | To* | Current base rate level | New base rate level | Delta |
|---|---|---|---|---|
| Jebel Ali, EA | West Mediterranean & North Africa | 2,014 | 2,514 | 500 |
| Jebel Ali, EA | East Mediterranean & Black Sea | 2,014 | 2,514 | 500 |
| Karachi, PK | West Mediterranean & North Africa | 2,004 | 2,504 | 500 |
| Karachi, PK | East Mediterranean & Black Sea | 2,154 | 2,654 | 500 |
| Mundra / Nhava Sheva (IN) | West Mediterranean & North Africa | 2,004 | 2,504 | 500 |
| Mundra / Nhava Sheva (IN) | East Mediterranean & Black Sea | 2,154 | 2,654 | 500 |
| Kattupalli, IN | South Europe & North Africa | 1,804 | 2,304 | 500 |
| Colombo, LK | South Europe & North Africa | 1,804 | 2,304 | 500 |
| Chittagong, BD | South Europe & North Africa | 2,204 | 2,704 | 500 |
Per 20′ Reefer (USD)
| From* | To* | Current base rate level | New base rate level | Delta |
|---|---|---|---|---|
| Mundra / Nhava Sheva (IN) | West Mediterranean & North Africa | 2,239 | 2,739 | 500 |
| Mundra / Nhava Sheva (IN) | East Mediterranean & Black Sea | 2,599 | 3,099 | 500 |
| Kattupalli, IN | South Europe & North Africa | 3,174 | 3,674 | 500 |
| Colombo, LK | South Europe & North Africa | 3,028 | 3,528 | 500 |
| Chittagong, BD | South Europe & North Africa | 3,128 | 3,628 | 500 |
Per 40′ Reefer (USD)
| From* | To* | Current base rate level | New base rate level | Delta |
|---|---|---|---|---|
| Mundra / Nhava Sheva (IN) | West Mediterranean & North Africa | 1,338 | 1,838 | 500 |
| Mundra / Nhava Sheva (IN) | East Mediterranean & Black Sea | 2,008 | 2,508 | 500 |
| kattupalli, IN | South Europe & North Africa | 2,598 | 3,098 | 500 |
| Colombo, IN | South Europe & North Africa | 2,656 | 3,156 | 500 |
| Chittagong, BD | South Europe & North Africa | 2,756 | 3,256 | 500 |
Hapag-Lloyd has added the coverage of each geographical scope in Europe, East and West Mediterranean, as well as North Africa:
- West Mediterranean & North Africa: Spain, Portugal, Italy, Algeria, Morocco, Malta, Tunisia
- East Mediterranean: Albania, Bulgaria, Croatia, Georgia, Greece, Israel, Montenegro, Libya, Romania, Cyprus, Slovenia, Lebanon, Turkey, Ukraine, Egypt
- South Europe & North Africa: Spain, Portugal, Italy, Algeria, Morocco, Malta, Tunisia, Albania, Bulgaria, Croatia, Georgia, Greece, Israel, Montenegro, Libya, Romania, Cyprus, Slovenia, Lebanon, Turkey, Ukraine, Egypt
Moreover, Hapag-Lloyd announced updated ocean tariff rates for shipments from the Indian Subcontinent to North Europe. This increase applies to sailings beginning on 15 July 2024 and will remain in effect until 31 July 2024.
The details of this increase are as follows:
Per 20′ Dry Container (USD):
| From* | To* | Current base rate level | New base rate level | Delta |
|---|---|---|---|---|
| Karachi, PK | North Europe | 2,987 | 3,487 | 500 |
| Mundra / Nhava Sheva (IN) | North Europe | 2,987 | 3,487 | 500 |
| Kattupalli, IN | North Europe | 2,687 | 3,187 | 500 |
| Colombo, LK | North Europe | 2,737 | 3,237 | 500 |
| Chittagong, BD | North Europe | 2,287 | 2,787 | 500 |
Per 40′ Dry Container (USD)
| From* | To* | Current base rate level | New base rate level | Delta |
|---|---|---|---|---|
| Karachi, PK | North Europe | 1,774 | 2,274 | 500 |
| Mundra / Nhava Sheva (IN) | North Europe | 1,774 | 2,274 | 500 |
| Kattupalli, IN | North Europe | 1,724 | 2,224 | 500 |
| Colombo, LK | North Europe | 1,774 | 2,274 | 500 |
| Chittagong, BD | North Europe | 2,124 | 2,624 | 500 |
Per 20′ Reefer Container (USD)
| From* | To* | Current base rate level | New base rate level | Delta |
|---|---|---|---|---|
| Mundra / Nhava Sheva (IN) | North Europe | 1,570 | 2,070 | 500 |
| Kattupalli, IN | North Europe | 2,565 | 3,065 | 500 |
| Colombo, LK | North Europe | 2,365 | 2,865 | 500 |
| Chittagong, BD | North Europe | 3,365 | 3,865 | 500 |
Per 40′ Reefer Container (USD)
| From* | To* | Current base rate level | New base rate level | Delta |
|---|---|---|---|---|
| Mundra / Nhava Sheva (IN) | North Europe | 1,070 | 1,570 | 500 |
| Kattupalli, IN | North Europe | 880 | 1,380 | 500 |
| Colombo, LK | North Europe | 1,280 | 1,780 | 500 |
| Chittagong, BD | North Europe | 2,530 | 3,030 | 500 |
Hapag-Lloyd has added the coverage of each geographical scope in Europe, East and West Mediterranean, as well as North Africa:
- North Europe: Germany, Netherlands, United Kingdom, Belgium, France, Poland, Denmark, Sweden, Ireland, Norway, Finland, Lithuania, Czech Republic, Hungary, Latvia, Austria, Switzerland, Slovakia, Estonia, Iceland, Luxembourg
