Hapag-Lloyd raises rates from Asia to Latin America

German container line Hapag-Lloyd has announced a new General Rate Increase (GRI) from Asia to the West Coast of South America, Mexico, Central America and the Caribbean.

This GRI will apply to cargo transported in 20’ and 40’ dry containers, including high cube equipment and 40’ non-operative reefers.

The new rate increase will take effect on 28 August for all the aforementioned destinations, with the exception of Puerto Rico and the US Virgin Islands where it will apply from 13 September.

The details for this increase are listed below:

• 20′ Dry Container: US$2,000
• 40′ Dry Container: US$2,000
• 40′ High Cube Container: US$2,000
• 40’ Non-operative Reefer Container: US$2,000

The geographical scope of this increase is explained below:

• From Asia, covering the following countries: China, Macau, Taiwan, Japan, South Korea, Thailand, Singapore, Vietnam, Cambodia, Philippines, Indonesia, Myanmar, Malaysia, Laos, Brunei.
• To the West Coast of South America, Mexico, Central America and the Caribbean covering the following countries: Mexico, Ecuador, Colombia, Peru, Chile, El Salvador, Nicaragua, Costa Rica, Dominican Republic, Jamaica, Honduras, Guatemala, Panama, Venezuela, Puerto Rico, US Virgin Islands.