10.2 C
Tuesday, September 27, 2022
Home Freight News Hapag Lloyd's last rates increases before cessation decision

Hapag Lloyd’s last rates increases before cessation decision

The German container carrier Hapag Lloyd has announced new freight prices, before the company's decision to pause any rates increases until 1 February, in Asia, Arabic Gulf and America, effective from 1 October.

Firstly, the Hamburg-based liner operator will apply a Peak Season Surcharge (PSS) from Pakistan to the ports in UAE, Oman, Kuwait, Iraq, Bahrain, Qatar, Dammam and Jubail in Saudi Arabia.

The surcharge that will be implemented to 20', 40' standard and high cube (HC) containers will be US$50 and US$100 per TEU, respectively.

In addition, Hapag Lloyd will impose a General Rate Increase (GRI) for boxes transferred from ports of US East Coast, West Coast, US Gulf and Canada, to Chile, Peru, Ecuador and Colombia Pacific.

This rate increase of US$150 per TEU and US$300 per FEU will be effective to all dry and reefer cargoes.

Latest Posts

World’s largest container line MSC enters air cargo market

The world's largest container shipping company, MSC Mediterranean Shipping Company SA aims to enter the air freight market, starting the development of a new...

Ro-Ro cargo ship catches fire at port of Tacoma

Ro-Ro cargo ship Midnight Sun suffered a fire accident at the port of Tacoma in the United States on 22 September, while it was...

DP World London Gateway hits 10 million containers milestone

DP World London Gateway has handled its 10 millionth container, nine years after the logistics hub in the capital of the United Kingdom opened...

Maersk strengthens warehouse network in UK and Ireland

Maersk has announced the expansion of its warehousing network in the United Kingdom and Ireland with the signing of a lease for two new...

DNV, Singapore Institute of Technology ink maritime decarbonisation and digitalisation agreement

DNV has signed a Memorandum of Understanding (MOU) with the Singapore Institute of Technology (SIT) to explore opportunities to advance net-zero ambitions in Singapore’s...