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Hapag-Lloyd keeps changing schedule and rates amid pandemic

The coronavirus crisis continues to push shipping lines to cancel sailings as major lines schedule void sailings in June, with Hapag-Lloyd announcing the latest cancellations.

The German firm has announced void sailing positions in the South East India – Europe Express Service (IEX), a joint service operated with COSCO, Ocean Network Express (ONE) and Yang Ming.

Eastbound IEX sailings will blank fortnightly as per below schedule:

Above schedule is subject to change and further additional void sailings

The following service options can be offered as an alternative

For cargo destined to or via Jeddah (SAJED):

  • North European main ports: covered by IOS and FE5 services
    West Mediterranean ports & Egypt ( to & via): covered by IMX and MD1 services
    Turkey ports: covered by MD3 service

For cargo destined to the Indian East Coast, Sri Lanka and Bangladesh Hapag-Lloyd has recommended the use of subsequent IEX sailings.

In addition, due to the under-utilisation of capacity, Hapag-Lloyd has implemented one new blank sailing on AS2.

In the following schedule, Hapag has offered alternative sailings one week before and after the latest blank sailings:

However, the gradual return to normal has started in several countries, and in view of the increasing market demand Hapag-Lloyd and its THE Alliance partners decided to reinsert the following sailings from Asia to the US West Coast:

The voyage will be performed by ONE Competence 073E/073W following the usual PS5 proforma rotation.

At the same time, the 5th largest container shipping company has announced a general rate increase (GRI) for US and Canadian cargo.

Hapag-Lloyd will implement the following rates increase in the eastbound trade from East Asia to all US and Canada destinations as of 1 July 2020 (date of cargo receipt at origin), for all dry, reefer, non-operating reefer, tank, flat rack and open-top containers as follows:

East Asia to North America (USA and Canada)

  • US$1,200 per all 20′ container types
  • US$1,500 per all 40′ container types

East Asia is defined as being the countries/districts of Japan, Republic of Korea, China/Taiwan, China/Hong Kong, China (PRC), China/Macau, Vietnam, Laos, Cambodia, Thailand, Myanmar, Malaysia, Singapore, Brunei, Indonesia, The Philippines and Russian Pacific Coast Provinces.

Furthermore, the German shipping line will apply a GRI from the US and Canada to Australia and New Zealand. The amount is as follows:

  • US$200/20‘ all equipment types
  • US$400/40’ all equipment types.
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