Hapag-Lloyd jacks up rates from Asia
GERMAN shipping giant Hapag-Lloyd is to implement a General Rate Increase (GRI) from Asia, excluding Japan, to the West Coast of Latin America, Mexico, the Caribbean and Central America from October 16.
The new GRI will be applied to TEU and FEU dry containers, including FEU high cube boxes and FEU non-operative reefers container, reports Greece's Container News.
The ocean carrier said it will increase its rates by US$250 per TEU dry container and $500 per FEU dry container/FEU high cube container/FEU non-operative reefer.
Hapag-Lloyd said the rate increase from Asia includes China, Macau, South Korea, Thailand, Singapore, Vietnam, Cambodia, Philippines, Indonesia, Myanmar, Malaysia, Laos and Brunei. The West Coast of Latin America, Mexico, the Caribbean and Central America covers Mexico, Ecuador, Colombia, Peru, Chile, El Salvador, Nicaragua, Costa Rica, Dominican Republic, Puerto Rico, Jamaica, Honduras, Guatemala and Panama.
source:SchedNet
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