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Tuesday, November 24, 2020
Home Freight News Slew of surcharges and GRI's to boost rates

Slew of surcharges and GRI’s to boost rates

European container shipping companies have increased their rates across the world with several new surcharges being applied in November and December.

Hapag-Lloyd has announced new rates from Italy, Iberia and France to the Middle East and Indian Subcontinent, effective from 1 December, for 20’ and 40’ all container types (including high cube containers).

  • Standard Container

The German carrier will also apply the following peak season surcharge (PSS) for all container types on the trade from North Europe, Mediterranean and Black Sea to Oceania, effective for sailings as of 16 November and valid until further notice:

  • US$200 per 20’
  • US$400 per 40’

Additionally, Hapag-Lloyd has published the following ocean tariff rates for all cargoes in 20’ and 40’ on the westbound trade from East Asia, excluding Japan, to North Europe and the Mediterranean.

Valid for sailings commencing on the tariffing date 15 November onwards and until further notice, the company's rates from East Asia will be as follows:

The Hamburg-based line will also implement the following general rate increase (GRI) in the Westbound trade for all commodities from North America to East Asia destinations as of 25 November, for all dry, reefer, non-operating reefer, tank, flat rack and open-top containers:

  • US$500 per all 20' container types
  • US$1000 per all 40' container types

Furthermore, CMA CGM has unveiled fresh prices from Asia to North Africa and the Mediterranean, effective from 15 November:

FAK

FAK

In addition, the French container line has announced new rates from Asia to North Europe, effective from 7 November for dry cargo, out of gauge (OOG), paying empties and reefer containers:

20'GP40'GP40'HC40'RF
Asia to North Europe base portsUS$1,400US$2,600US$2,650US$2,600
Asia to UK base portsUS$1,550US$2,900US$2,950US$2,900

Moreover, CMA CGM will apply a general rate restoration (GRR) of US$300/20' and US$600/40' for dry, OOG, breakbulk and reefer cargo, effective from 1 November for Asia to West Africa rotations and 15 November for Asia to the Indian Subcontinent rotations.

Last but not least, several CMA CGM PSS's will be applied in November worldwide:

  • Origin: Italy and Spain (Mediterranean)
  • Destination: Colombia, Chile, Peru and Ecuador
  • Equipment: all
  • Amounts: EUR 50/20' | EUR 75/40'
  • Date of application: 10 November
  • Origin: Pakistan
  • Destination: North Europe (including the United Kingdom, Scandinavia and Poland)
  • Cargo: Dry
  • Amounts: US$200 per 20' dry (all types) | US$200 per 40' dry (all types)
  • Date of application: 10 November
  • Origin: Mundra, Nhava Sheva, Hazira, Marmagao and Mangalore
  • Destination: North Europe, Scandinavia, Baltic, East and West Mediterranean
  • Cargo: Dry
  • Amounts: US$400 per 20' | US$600 per 40'
  • Date of application: 7 November
  • Origin: India, Sri Lanka and Pakistan
  • Destination: The Caribbean, Leeward & Winward, Central America East and West Coasts, Mexico East and West Coasts, South America East and West Coasts
  • Cargo: Dry
  • Amounts: US$400 per 20' | US$600 per 40'
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