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Hapag-Lloyd to increase rates from Asia

Hapag-Lloyd has announced several new charges from Asia ports that will take effect from late July and August.

Firstly, the German liner operator has applied a General Rate Increase (GRI) of US$500 per 40' standard or high cube container from India ports of Mundra, Nhava Sheva, Hazira, and Pipavav, to Bangladesh. The surcharge will be effective from 20 July.

Twelve days later, on 1 August, the container shipping company will implement another GRI of US$1,000 per unit, from the Indian Subcontinent (Bangladesh, India, Sri Lanka, and Maldives), Arabian Gulf (United Arab Emirates, Bahrain, Iraq, Kuwait, Oman, Pakistan, Qatar), and Saudi Arabia (Yemen, Jordan, Saudi Arabia) to West Africa (Angola, Benin, Côte d'Ivoire, Ghana, Mali, Mauritania, Nigeria, Senegal) and South Africa.

On 1 August and effective for two weeks, the Hamburg-based carrier will set an increase of US$1,000 per unit in its ocean tariff rate for all cargo types, travelling from the following ports in Middle East and Pakistan to Rotterdam and London Gateway.

Last but not least, Hapag-Lloyd will push up its rates from Indian Subcontinent (India, Bangladesh, Pakistan, and Sri Lanka) and Middle East (UAE, Qatar, Bahrain, Oman, Kuwait, Saudi Arabia, Jordan, and Iraq) to the United States and Canada, starting on 15 August. The GRI will be US$1,200 per TEU and US$1,500 per FEU for all dry, reefer, non-operating reefer, tank, flat rack, and open-top containers.

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