Home » Breaking News, Maritime » Maersk Line to bolster Asia rates
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Danish ocean carrier Maersk Line is implementing general rate hikes on its Asia services in June and July.

The world’s leading box liner said the rate increases were needed “in order to continue offering our broad portfolio of services and high level of reliability.”

From June 15, there will be new rates for its Asia-Caribbean and Asia-Central America trade services.

For the Asia to the Caribbean lane, the general rate increases (GRIs) will encompass two slings.

The first covers shipments from Hong Kong, Indonesia, Japan, South Korea, Malaysia, Philippines, Singapore, Thailand, Vietnam, Cambodia, and Taiwan to the Dominican Republic, Haiti, Jamaica, Venezuela, Trinidad and Tobago, Panama, Colombia (Santa Marta, Baranquilla, Cartagena), and Puerto Rico.

The GRIs are US$980 per 20-foot dry container and $1,400 per 40-foot dry container and 40-foot high-cube dry container.

The scope of the second route includes shipments from China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Philippines, Singapore, Thailand, Vietnam, Cambodia, and Taiwan to Cuba. The GRIs are EUR750 per 20-foot dry container and EUR1,080 per 40-foot dry container and 40-foot high-cube dry container.

The general rate increases for Asia to Central America shipments will also take effect from June 15. They will cover shipments from China, Hong Kong, Indonesia, Japan, South Korea, Malaysia, Philippines, Singapore, Thailand, Vietnam, Cambodia, and Taiwan to Chile, Ecuador, Mexico, Peru, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Bolivia, and Buenaventura (Colombia).

The new rates will be higher by $750 per 20-foot dry container and $1,500 per 40-foot dry container.

Additionally, a rate hike will be levied on the Asia-New Zealand trade lane starting July 1. The coverage encompasses cargo from South Korea, China, Taiwan, Hong Kong, Singapore, Indonesia, Malaysia, Philippines, Thailand and Vietnam bound for New Zealand.

The freight rates will rise by $200 per 20-foot dry container and $400 per 40-foot high-cube dry container.

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