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News

Hapag-Lloyd increases Asia container rates

by Kalpana Pandey
March 19, 2024
in News, Asia, Container Cargo
Reading Time: 2 mins read
A A
Hapag Lloyd

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$)
Destination20′ Dry40′ Dry40′ HC20′ RF40′ RF
North Europe*16003000300016003000
West Mediterranean*28003500350028003500
Adriatic*28253550355028253550
East Mediterranean, Black Sea (Bulgaria, Romania), Türkiye & Egypt33003900390033003900
North Africa*347547004700

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

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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.

Tags: Container ratesFAK RatesFreight of all kindfreight ratesHapag Lloyd
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