Friday 21st Oct 2016 - Logistics Manager

Hapag-Lloyd pushes up liner rates for Far East services

Shipping line Hapag-Lloyd is increasing rates for services from the Far East to Northern Europe and the western Mediterranean by $500 per TEU from 15th June.

The increase will be $150 per TEU in the opposite direction.

Rates for services between Asia and the eastern Mediterranean will be raised by $300 per TEU from 1st August.

It is also planning a peak season surcharge of $150 per TEU for the period 1st August to 31st October.