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Hapag-Lloyd increases rates worldwide

Hapag-Lloyd increases rates worldwide

seahorseshipping 03/07/2024

Hapag-Lloyd announced that a General Rate Increase (GRI) will be implemented for all cargo in dry and reefer containers from the South America East Coast to North America, Mexico, Central America, and the Caribbean starting 1 August 2024.

This increase will be US$500 per container and will remain in effect until further notice.

Furthermore, the German box line announced additional ocean tariff rates for shipments from the Indian Subcontinent and Arabian Gulf to South Europe and North Africa.

This rate increase will apply to sailings commencing on or after 15 July 2024 and will remain in effect until 31 July 2024.

The details of this increase are as follows:

Per 20 ‘Dry Containers (USD)

From* To* Current base rate level New base rate level Delta
Jebel Ali, EA West Mediterranean & North Africa 3,007 3,507 500
Jebel Ali, EA East Mediterranean & Black Sea 3,007 3,507 500
Karachi, PK West Mediterranean & North Africa 2,852 3,352 500
Karachi, PK East Mediterranean & Black Sea 2,852 3,352 500
Mundra / Nhava Sheva (IN) West Mediterranean & North Africa 2,852 3,352 500
Mundra / Nhava Sheva (IN) East Mediterranean & Black Sea 2,852 3,352 500
Kattupalli, IN South Europe & North Africa 2,502 3,002 500
Colombo, LK South Europe & North Africa 2,502 3,002 500
Chittagong, BD South Europe & North Africa 2,702 3,202 500

Per 40′ Dry Container (USD)

From* To* Current base rate level New base rate level Delta
Jebel Ali, EA West Mediterranean & North Africa 2,014 2,514 500
Jebel Ali, EA East Mediterranean & Black Sea 2,014 2,514 500
Karachi, PK West Mediterranean & North Africa 2,004 2,504 500
Karachi, PK East Mediterranean & Black Sea 2,154 2,654 500
Mundra / Nhava Sheva (IN) West Mediterranean & North Africa 2,004 2,504 500
Mundra / Nhava Sheva (IN) East Mediterranean & Black Sea 2,154 2,654 500
Kattupalli, IN South Europe & North Africa 1,804 2,304 500
Colombo, LK South Europe & North Africa 1,804 2,304 500
Chittagong, BD South Europe & North Africa 2,204 2,704 500

Per 20′ Reefer (USD)

From* To* Current base rate level New base rate level Delta
Mundra / Nhava Sheva (IN) West Mediterranean & North Africa 2,239 2,739 500
Mundra / Nhava Sheva (IN) East Mediterranean & Black Sea 2,599 3,099 500
Kattupalli, IN South Europe & North Africa 3,174 3,674 500
Colombo, LK South Europe & North Africa 3,028 3,528 500
Chittagong, BD South Europe & North Africa 3,128 3,628 500

Per 40′ Reefer (USD)

From* To* Current base rate level New base rate level Delta
Mundra / Nhava Sheva (IN) West Mediterranean & North Africa 1,338 1,838 500
Mundra / Nhava Sheva (IN) East Mediterranean & Black Sea 2,008 2,508 500
kattupalli, IN South Europe & North Africa 2,598 3,098 500
Colombo, IN South Europe & North Africa 2,656 3,156 500
Chittagong, BD South Europe & North Africa 2,756 3,256 500

Hapag-Lloyd has added the coverage of each geographical scope in Europe, East and West Mediterranean, as well as North Africa:

  • West Mediterranean & North Africa: Spain, Portugal, Italy, Algeria, Morocco, Malta, Tunisia
  • East Mediterranean: Albania, Bulgaria, Croatia, Georgia, Greece, Israel, Montenegro, Libya, Romania, Cyprus, Slovenia, Lebanon, Turkey, Ukraine, Egypt
  • South Europe & North Africa: Spain, Portugal, Italy, Algeria, Morocco, Malta, Tunisia, Albania, Bulgaria, Croatia, Georgia, Greece, Israel, Montenegro, Libya, Romania, Cyprus, Slovenia, Lebanon, Turkey, Ukraine, Egypt

Moreover, Hapag-Lloyd announced updated ocean tariff rates for shipments from the Indian Subcontinent to North Europe. This increase applies to sailings beginning on 15 July 2024 and will remain in effect until 31 July 2024.

The details of this increase are as follows:

Per 20′ Dry Container (USD)

From* To* Current base rate level New base rate level Delta
Karachi, PK North Europe 2,987 3,487 500
Mundra / Nhava Sheva (IN) North Europe 2,987 3,487 500
Kattupalli, IN North Europe 2,687 3,187 500
Colombo, LK North Europe 2,737 3,237 500
Chittagong, BD North Europe 2,287 2,787 500

Per 40′ Dry Container (USD)

From* To* Current base rate level New base rate level Delta
Karachi, PK North Europe 1,774 2,274 500
Mundra / Nhava Sheva (IN) North Europe 1,774 2,274 500
Kattupalli, IN North Europe 1,724 2,224 500
Colombo, LK North Europe 1,774 2,274 500
Chittagong, BD North Europe 2,124 2,624 500

Per 20′ Reefer Container (USD)

From* To* Current base rate level New base rate level Delta
Mundra / Nhava Sheva (IN) North Europe 1,570 2,070 500
Kattupalli, IN North Europe 2,565 3,065 500
Colombo, LK North Europe 2,365 2,865 500
Chittagong, BD North Europe 3,365 3,865 500

Per 40′ Reefer Container (USD)

From* To* Current base rate level New base rate level Delta
Mundra / Nhava Sheva (IN) North Europe 1,070 1,570 500
Kattupalli, IN North Europe 880 1,380 500
Colombo, LK North Europe 1,280 1,780 500
Chittagong, BD North Europe 2,530 3,030 500

Hapag-Lloyd has added the coverage of each geographical scope in Europe, East and West Mediterranean, as well as North Africa:

  • North Europe: Germany, Netherlands, United Kingdom, Belgium, France, Poland, Denmark, Sweden, Ireland, Norway, Finland, Lithuania, Czech Republic, Hungary, Latvia, Austria, Switzerland, Slovakia, Estonia, Iceland, Luxembourg

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