Hapag-Lloyd announces rate hikes

8/27/2009 11:15:49 AM

Hapag-Lloyd said it would implement rate hikes on Oct. 1 on several trades as follows:    • North Europe to Oceania (including South Pacific Islands) rates will increase 175 euros ($251) per 20-foot container and 350 euros ($501) per 40-foot container.    • Mediterranean to Oceania (including South Pacific Islands), $250 per TEU and $500 per FEU.    • Oceania (including South Pacific Islands) to North Europe/Mediterranean, $175 per TEU and $350 per FEU.    • North Europe to West Africa, 100 euros ($143) per TEU and 200 euros ($286) per FEU.    • North Europe to South Africa rates, $175 per TEU and $425 per FEU.    • Mediterranean to North Europe, 75 euros ($107) or £65 per TEU and 125 euros ($179) or £110 per FEU.  American Shipper

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