Hapag-Lloyd Sets Rate Increases, Surcharges

7/29/2011 9:48:40 AM

Hapag-Lloyd is implementing a series of general rate increases and peak-season surcharges on Asia-Europe-Mediterranean trade lanes, as part of a new rate restoration program.   The German ocean carrier said rates on cargo shipped from India’s west coast ports of Jawaharlal Nehru (Nhava Sheva) and Mundra to North Europe will increase by $125 per 20-foot dry and reefer container, starting Aug. 1.   Hapag-Lloyd will levy a peak-season surcharge on shipments moving from East Asia (excluding Japan) to all Mediterranean destinations. Effective Aug. 1, the surcharge on both dry and refrigerated cargo will be $200 per TEU.   The PSS will be followed by a GRI of the same amount that will take effect on East Asia-Mediterranean Services Sept. 1.   The Journal of Commerce Online

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