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Hapag-Lloyd has become the latest container shipping line to introduce a cancellation/no-show fee, as carriers appear increasingly intent on penalising shippers and forwarders that book slots on services but don’t arrive with the cargo on time. The German carrier has announced a $60 fee for all export shipments from Singapore to India from 9 June on “all bookings which are cancelled within three calendar days prior to vessel arrival.” The line applied a $150 per teu cancellation fee on all equipment types, except reefer containers, from 1 June on applications to cancel or transfer a booking made less than seven days before the sailing date.
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