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Hapag-Lloyd to apply new general rate increase since November. 2019
Author: Larry Han



< Hapag-Lloyd to apply new GRI >

 

Hapag-Lloyd will apply a new General Rate Increase from Indian Subcontinent (ISC) and Middle East to USA and Canada as outlined below, effective as from November 10, 2019 as noted below:

This rate increase (GRI) will apply for all dry, reefer, non-operating reefer, tank, flat rack and open-top containers.
 - USD 400 per 20′ standard container
 - USD 500 per 40′ standard container (40′ x 8’6″)
 - USD 500 per 40′ high cube container (40′ x 9’6″)
 - USD 500 per 40′ reefer container (40′ x 9’6″)

Indian Subcontinent Origin countries: India, Bangladesh, Pakistan and Sri Lanka.

Middle East Origin countries: UAE, Qatar, Bahrain, Oman, Kuwait, Saudi Arabia, Jordan.

In addition, the company will implement the following General Rate Increase (GRI) in the eastbound trade from East Asia to all USA and Canada destinations as of November 15, 2019 (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 (USA and Canada)
 - USD 560 per 20′ container (all 20′ container types)
 - USD 700 per 40′ container (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, the Philippines and Russian Pacific Coast Provinces.

Source: American shipper

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