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Major container lines have announced planned rate increases for Asia-related trades, as detailed below, slated to take effect in October and November.
Asia-Europe
Three carriers have planned rate increases for Nov. 1:
- Hapag-Lloyd is looking to increase rates on its trade from East Asia, excluding
Japan, to North Europe and the Mediterranean by $1,000 per 20-foot-equivalent unit.
- United Arab Shipping Co. intends to raise rates by $925 per TEU for shipments from Asia to the Mediterranean and Adriatic.
- Zim Integrated Shipping Services aims to boost rates on cargo from the Far East to Europe and the
Mediterranean
by $950 per TEU.
Asia-Australia
Starting Oct. 24, Hapag-Lloyd hopes to hike rates on shipments from northeast Asia to
Australia by $400 per TEU.Similarly, Mediterranean Shipping Co. plans to implement a rate increase on cargo from north Asia to all Australian ports, starting Oct. 24, by $400 per TEU.
Asia-North
AmericaU.S. Lines plans to hike rates on cargo from Asia to the U.S. West Coast, East Coast, U.S. inland points intermodal and all destinations in Canada , starting on Oct. 15. The increase will be $320 per 20-foot container, $400 per 40-foot container, $450 per 40-foot high-cube container and $510 per 45-foot high-cube container.
Asia-South
America Zim is looking to boost rates on shipments from Asia to the east coast of South America, beginning Oct. 15. The increase will be $650 per 20-foot container and $1,300 per 40-foot container
Surcharges
U.S. Lines intends to implement a peak-season surcharge for all exports from the U.S and Canada to the
Dominican Republic, Jamaica and Trinidad, effective Oct. 6 through Dec. 31. The container line also plans to implement a destination terminal-handling charge for Vietnam for all export cargo that originated in the U.S, starting Oct. 17.Hapag-Lloyd has revised its inland haulage tariff in the U.S , effective Nov. 1, and its stuffing surcharge for all less-than-containerload shipments from Indonesia, starting Nov. 6. The container line also intends to implement a detention and demurrage charge in Tanjung Pelepas, Malaysia, Starting Nov 4, 2013.
The Journal of Commerce
