Hapag-Lloyd is seeking a series of general rate increases on East Asia services, as part of a new rate restoration program.
The German ocean carrier said rates from East Asia (excluding Japan) and Oceania to the Indian subcontinent will increase by $150 per 20-foot container, effective March 15.
From Japan to the Indian subcontinent, the carrier’s proposed rate hike will be $250 per 20-foot container, starting April 1.
Rates on all cargo moving from Japan to the Red Sea will attract an increase of $250 per 20-foot container, starting April 1.
From Japan to Australia, the GRI will be $250 per 20-foot container, also starting April 1.
Hapag-Lloyd said it will apply an increase of $300 per 20-foot container on all shipments from North East Asia to Australia, effective April 15.
The subcontinent region includes ports in India, Pakistan, Bangladesh and Sri Lanka.
The Journal of Commerce Online
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