Container lines have announced they will apply rate increases in the Pacific trades from Asia to the US later in February and again in the coming months.
In particular, Hapag-Lloyd will implement the following general rate increase (GRI) in the eastbound trade from East Asia to all US and Canadian destinations as of 15 March. This GRI will apply for all dry, reefer, non-operating reefer, tank, flat rack and open-top containers.
East Asia to North America (USA and Canada)
- US$960 per all 20′ container types
- US$1200 per all 40′ container types
On the same date, the German carrier will increase rates for all types of boxes from the US and Canada East to the Arabian Gulf, Red Sea and Indian Subcontinent as follows:
Origin: Halifax, Montreal, New York, Norfolk, Savannah, Charleston, Jacksonville, Miami, Houston and New Orleans
Destination: Arabian Gulf, Red Sea and Indian Subcontinent
- US$100 per all 20′ container types
- US$200 per all 40′ container types
In addition, Maersk will push up its rates for cargo moving from the US and Canada to Australia and New Zealand by US$200/20′ equipment and US$400/40′ equipment.
Furthermore, CMA CGM will introduce an empty equipment imbalance surcharge, considering the present reefer equipment situation, from the US West Coast (Seattle and Tacoma) to all destinations worldwide. The surcharge of US$650/reefer container, except shipper owned containers (SOC), will be effective from 1 March.
The French shipping group will also apply a general rate restoration (GRR) from 17 March for cargo moving from the East Coast of South America on SAMWAF service to West Africa, East Africa, South Africa, Indian Ocean, Arabian Gulf and West Coast North of India. The GRR will apply to dry, reefer, out of gauge and breakbulk cargo and will be US$150/20′ and US$150/40′.
Last but not least, CMA CGM will set a new peak season surcharge of US$700/20′ or 40′ dry box from all ports of Pakistan to South America West Coast, Central America (East and West Coasts), Mexico West Coast, the Caribbean, Leeward & Winward (excluding Puerto Rico & Virgin Islands).
Source : Container-News
