Home » Breaking News, Maritime » Hapag-Lloyd announces new rate hikes, services for Asia trade

Hapag-Lloyd will increase freight rates effective April 1 for all dry, reefer, non-operative reefer, flat rack, and open-top containers from East Asia to the U.S. and Canada.

The general rate increases (GRIs) from East Asia to the U.S. West Coast, Vancouver, and British Columbia are US$320 per 20-foot-equivalent unit (TEU), $400 per 40-foot-equivalent unit (FEU), $450 per 40-foot high-cube container, and $506 per 45-foot container.

Rates to the U.S. East Coast and U.S. IPI and RIPI locations, Toronto, Montreal, Halifax all-water and all other Canada inlands will go up by $480 per TEU, $600 per FEU, $675 per 40-foot high-cube, and $760 per 45-foot container

East Asia covers Japan, Korea, Taiwan, Hong Kong, China, Vietnam, Laos, Cambodia, Thailand, Myanmar, Malaysia, Singapore, Brunei, Indonesia, Philippines, and Russian Pacific Coast provinces.

At the same time, the German ocean carrier announced it will enhance its current China India service (CIS) with two new services effective March 2013.

CIS, which will have its last west-bound sailing from Xingang on February 24, will be replaced by  the North China India (NCI) service and Central China India (CCI) service.

The NCI service will begin from March 4, with a port rotation of Xingang, Qingdao, Laem Chabang, Singapore, Tanjung Pelepas, Port Kelang, Nhava Sheva, Colombo, Port Kelang, Singapore, Tanjung Pelepas, and Xingang.

The CCI loop, to be launched March 11, will have a port rotation of Ningbo, Shanghai, Shekou, Singapore, Port Kelang, Nhava Sheva, Pipavav, Colombo, Port Kelang, Singapore, Hong Kong, and Ningbo.


Photo courtesy of Hapag-Lloyd

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