Home » Breaking News, Maritime » Hapag-Lloyd to boost Asia-North America freight rates

More rate hikes are coming for the Asia trade, this time for the East Asia-North America lane, Hapag-Lloyd announced.

The general rate increase (GRI) will be implemented from May 22, 2013 and will cover all dry, reefer, flat-rack and open-top containers from East Asia to all U.S. and Canada destinations.

From East Asia to the U.S. West Coast ports, Vancouver, and British Columbia Province, the GRIs are $320 per 20-foot standard container, $400 per 40-foot standard container, $450 per 40-foot high-cube container, and $506 per 45-foot container.

Shipments to the U.S. East Coast ports, inland points, and reverse inland points, as well as to Toronto, Montreal, Halifax all-water, and all other Canada inland points will also be charged higher rates. The GRIs are $480 per 20-foot standard container, $600 per 40-foot standard container, $675 per 40-foot high-cube container, and $760 per 45-foot container.

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

Earlier this month, the German carrier published notices of rate increases from mid-May affecting its Asia network. The GRIS will be imposed on the Mediterranean-East Asia, East Asia-Caribbean/Latin America, East Asia-Red Sea, and Northeast Asia-Australia slings.

Also by mid-May, rates will rise on the following routes: East Asia-South America East Coast, East Asia-Mexico/Central America West Coast/South America West Coast, East Asia-Caribbean/Central America East Coast/Panama, and Mediterranean-East Asia.

One Response to “Hapag-Lloyd to boost Asia-North America freight rates”

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