Hapag-Lloyd increases freight rates from Asia to Latin America
2023-03-21 09:40

Hapag-Lloyd increases freight rates from Asia to Latin America

The following release was published by Hapag-Lloyd:

A General Rate Increase (GRI) from Asia* (excluding Japan) to the West Coast of Latin America, Mexico, Caribbean and Central America, for cargo transported in 20’ and 40’ Dry containers, including High Cube equipment and 40’ Non-operative reefers is coming up. This GRI is applicable to all containers from April 1, 2023, and is valid until further notice.

The details for this increase are listed below:

  • 20' Dry Container: USD 350
  • 40' Dry Container: USD 500
  • 40' High Cube Container: USD 500
  • 40’ Non-operative Reefer Container: USD 500

For your reference, the geographical scope of this increase is explained below:

  • From Asia* (excluding Japan), covering the following countries: China, Macau, South Korea,Thailand, Singapore, Vietnam, Cambodia, Philippines, Indonesia, Myanmar, Malaysia, Laos, Brunei

  • To the West Coast of Latin America, Mexico, Caribbean and Central America** covering the following countries Mexico, Ecuador, Colombia, Peru, Chile, El Salvador, Nicaragua, Costa Rica, Dominican Republic, Puerto Rico, Jamaica, Honduras, Guatemala, Panama

Source: Hapag-Lloyd