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Shipping lines announce rate increases for new year

12/22/2010 9:58:27 AM

CMA CGM has announced hikes on major trade lanes from 1 January.

From Asia to North America, rates will increase by US$320 per teu, $400 per feu, $450 per 40ft high-cube or reefer and $510 per 45ft container. An increase of $400 per teu will be applied to cargo moving from Asia to South America and the US west coast.

On the Far East to West Africa, rates will rise by $250 per teu. It will also apply a $200 peak season surcharge between 10 January and 1 February 2011.

From West Africa to the Far East, Middle East and India, CMA CGM rates will rise by $100 per teu.

Maersk Line’s rates for container cargo moving from Asia to the US and the west coast of South America will rise on 3 January.

An increase of $400 per teu and $800 per feu will be applied on shipments from China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Philippines, Singapore, Taiwan, Thailand and Vietnam to Chile, Ecuador, Mexico, Peru, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Bolivia and Buenaventura and Colombia.

MSC rate increases of $300 per teu will be applied to its Silk, Lion, Dragon and Tiger Asia-Europe services on 1 January.

The services ship cargo from China, Japan, Korea, Hong Kong and South-east Asia to North Europe, Scandinavia, the Mediterranean and the Black Sea.

Zim has also announced increases of $250 per teu on 1 January on cargo bound for the Mediterranean, Israel, Black Sea and North Europe from Asia.

The Canada Transpacific Stabilisation Agreement member lines are to raise bunker surcharges on Asian cargo from 1 January. CTSA member lines are APL, Cosco, Evergreen, Hapag-Lloyd, Hyundai, K Line, NYK, OOCL, Yang Ming and Zim.

For cargo arriving at west coast Canadian ports the surcharges will be $294 per teu, $368 per feu, $414 per 40ft high-cube and $466 per 45ft container. The east coast surcharges will be $582, $727, $818 and $920 respectively.

 

International Freighting Weekly

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