Hapag-Lloyd increases Asia container rates
19/03/2024
German ocean carrier Hapag-Lloyd said its ocean tariff rates for Freight All Kinds (FAK) between Far East and North Europe & Mediterranean will increase.
The updated prices will apply for cargo transported in 20’ and 40’ dry containers, including high cube equipment, and reefer for sailings commencing on 1 April, as follows:
- Per container from Far East (in US$)
| Destination | 20′ Dry | 40′ Dry | 40′ HC | 20′ RF | 40′ RF |
|---|---|---|---|---|---|
| North Europe* | 1600 | 3000 | 3000 | 1600 | 3000 |
| West Mediterranean* | 2800 | 3500 | 3500 | 2800 | 3500 |
| Adriatic* | 2825 | 3550 | 3550 | 2825 | 3550 |
| East Mediterranean, Black Sea (Bulgaria, Romania), Türkiye & Egypt | 3300 | 3900 | 3900 | 3300 | 3900 |
| North Africa* | 3475 | 4700 | 4700 |
Additionally, the Hamburg-based box line announced a new General Rate Increase (GRI) from Asia to the West Coast of Latin America, Mexico, Caribbean, Central America and Latin America East Coast for 20’ and 40’ dry containers, including high cube equipment and 40’ Non-operative reefers.
This GRI will be applicable to all containers from 1 April, except Puerto Rico and Virgin Islands, where the new rates will be effective from 19 April.
The details for this GRI are listed below:
- 20′ Dry Container: US$700
- 40′ Dry Container: US$900
- 40′ High Cube Container: US$900
- 40’ Non-operative Reefer Container: US$900
Hapag-Lloyd noted the following geographical scopes:
Asia (excluding Japan), covers the following countries: China, Macau, South Korea, Thailand, Singapore, Vietnam, Cambodia, Philippines, Indonesia, Myanmar, Malaysia, Laos, Brunei.
The West Coast of Latin America, Mexico, Caribbean (excluding Puerto Rico, Virgin Islands, US), Central America and East Coast of Latin America covers the following countries: Mexico, Ecuador, Colombia, Peru, Chile, El Salvador, Nicaragua, Costa Rica, Dominican Republic, Jamaica, Honduras, Guatemala, Panama, Venezuela, Brazil, Argentina, Paraguay, Uruguay.
Source: Container News
