German ocean carrier Hapag-Lloyd has announced an upcoming General Rate Increase (GRI) set to apply to shipments from Asia to the West Coast of Latin America, Mexico, the Caribbean, Central America, and Latin America East Coast for cargo transported in 20’ and 40’ Dry containers, as well as High Cube equipment and 40’ Non-operative reefers.
This GRI will be effective from 8 April for all destinations and 28 April for Puerto Rico and Virgin Islands and will remain in effect until further notice.
The details for Hapag-Lloyd’s increase are listed below:
- 20′ Dry Container: US$1,000
- 40′ Dry Container: US$1,000
- 40′ High Cube Container: US$1,000
- 40’ Non-operative Reefer Container: US$1,000
Hapag-Lloyd has noted the following geographical coverage for this rate increase:
Asia (excluding Japan) includes China, Hong Kong, Macau, South Korea, Thailand, Singapore, Vietnam, Cambodia, Philippines, Indonesia, Myanmar, Malaysia, Laos and Brunei.
The West Coast of Latin America, Mexico, the Caribbean (excluding Puerto Rico, Virgin Islands, US), Central America, and the East Coast of Latin America, cover the following countries: Mexico, Ecuador, Colombia, Peru, Chile, El Salvador, Nicaragua, Costa Rica, Dominican Republic, Jamaica, Honduras, Guatemala, Panama, Venezuela, Brazil, Argentina, Paraguay and Uruguay.