October 8, 2020: Maersk Line and Hapag-Lloyd have announced rate increases out of Asia to a number of destinations in North America and Africa.
In the first instance, the carrier will apply higher rates from Pakistan, United Arab Emirates (UAE) and the Indian Subcontinent to North America, effective from 1 November.
Hapag-Lloyd has also announced a new general rate increase (GRI) on the eastbound Pacific trades from East Asia to all US and Canadian destinations. The new GRI will apply for all dry, reefer, non-operating reefer, tank, flat rack and open-top containers and will take effect from 1 November.
East Asia to North America (USA and Canada)
US$960 per all 20′ container types
US$1,200 per all 40′ container types
In addition, the German carrier will implement increased rates for all cargo types from Middle East, which includes Arabian Gulf, India and Saudi Arabia, to West Africa, from 10 October, as follows:
US$500 per 20‘
Last but not least, as of 5 October, the Hamburg-based firm has pushed up its rates for all cargo from the Indian Subcontinent (except for Nhava Sheva and Mundra) to East Africa as follows:
US$100 per 20‘
Source: Container News
