16.9 C
Hamburg
Sunday, May 18, 2025
Home Most Visited - Newsletter European major lines push up Asia rates

European major lines push up Asia rates

CMA CGM has announced an increase in its rates from Asia to Red Sea Ports, Pakistan, India West Coast, India East Coast and Sri Lanka, effective from September.

  • Origin Range: From all Far East Asia ports
  • Destination Range: To Pakistan, India West Coast, India East Coast & Sri Lanka
  • Cargo: Dry, OOG, Breakbulk & Reefer cargo
  • Amounts: + US$300/20′ | + US$500/40′
  • Effective date: 1 September 2020
  • Origin Range: From all Asian ports
  • Destination Range: To Red Sea ports
  • Cargo: Dry, OOG, Breakbulk & Reefer cargo
  • Amount: +US$200 per TEU
  • Effective date: 1 September 2020
  • Origin Range: From all Asian ports
  • Destination Range: To Red Sea ports
  • Cargo: Dry, OOG, Breakbulk & Reefer cargo
  • Amount: +US$200 per TEU
  • Effective date: 15 September

In addition, Hapag-Lloyd will implement the following general rate increase (GRI) on the eastbound trade from East Asia to all US and Canadian destinations as of 1 October (date of cargo receipt at origin).

This GRI will apply for all dry, reefer, non-operating reefer, tank, flat rack and open-top containers as follows:

East Asia to North America (US and Canada)

  • US$960 for all 20′ container types
  • US$1200 for all 40′ container types

East Asia is defined as being the countries/districts of Japan, Republic of Korea, China/Taiwan, China/Hong Kong, China (PRC), China/Macau, Vietnam, Laos, Cambodia, Thailand, Myanmar, Malaysia, Singapore, Brunei, Indonesia, Republic of the Philippines and Russian Pacific Coast Provinces





Latest Posts

Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

US sanctions target Iran-China oil trade, stirring waves across global shipping

As Washington ramps up its campaign to stifle Iranian oil revenues, a new chapter is unfolding in the ongoing tensions between the United States,...
error: Content is protected !!