Hapag-Lloyd Sets Surcharge on India-US Routes

12/26/2011 8:45:22 AM

Hapag-Lloyd imposed an “emergency revenue charge” on all containers moving from the Indian Subcontinent to the U.S. and Canada. The planned charges, starting Jan. 20, will be $320 per 20-foot container, $400 per 40-foot container, $450 per 40-foot high cube container and $506 per 45-foot high cube container. Separately, the German carrier said it will apply a general rate increase on westbound trade from the Subcontinent to Europe and the Mediterranean, effective Feb. 1. All cargo bound for destinations in North Continent, East/West Mediterranean and Black Sea region will attract an increase of $200 per TEU. The Subcontinent region includes ports in India, Pakistan, Sri Lanka and Bangladesh. The Journal of Commerce Online

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