Home » Breaking News, Maritime » Hapag-Lloyd slates PSS, GRIs for East Asia trade

Hamburg-based Hapag-Lloyd has announced a peak season surcharge (PSS) adjustment and a general rate increase for the East Asia westbound route to be implemented from next month.

The ocean carrier said it will roll the prevailing PSS of the Far East westbound trade into the sea freight effective September 2, 2013.

In addition, freight rates for all cargoes and container types on the Far East westbound trade will be hiked by US$500 per TEU (20-foot-equivalent unit), also with effect from September 2.

The adjustments apply to all shipments from East Asia (excluding Japan) to all North Europe and Mediterranean (West Mediterranean, East Mediterranean, Black Sea, and North Africa) destinations, the carrier said.

Earlier, the German box ship also announced GRIs from September 1, 2013 for the East Asia-Latin America trade loops.

Rates from East Asia to the Caribbean, east coast of Central America, and Panama will go up by $980 per 20-foot container and $1,400 per 40-foot container.

There will be a GRI of $500 per TEU for all cargoes and container types from East Asia to Mexico, west coast of Central America, and west coast of South America.

Cargo rates for the East Asia/Indian Sub-Continent/Middle East-east coast of South America will be boosted by $750 per TEU.

East Asia is comprised of Japan, Korea, Taiwan, Hong Kong, China, Macau, Singapore, Malaysia, Indonesia, Thailand, Philippines, Laos, Cambodia, Vietnam, Brunei, and the Russian Pacific Ports of Vladivostok and Vostochny.


Photo: jdnx

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