The largest shipping lines are continuing to raise rates from Asia, as the market conditions are still unbalanced due to continuing Covid-19 crisis. Maersk Line has announced new rates from Pakistan, United Arab Emirates (UAE) and the Indian Sub-continent to the US and Canada for dry and reefer cargo, effective from 1 October.
Origins
Destinations
Cargo Type
20DC
40DC / 40High / /40HREEF / 45HDry
Effective date
Pakistan, UAE and
Indian sub-continent
United States and Canada
DRY/REEF
300
400
1 October 2020
In addition, the Danish carrier will apply a peak season surcharge (PSS) of US$800/40ft high cube reefer container from China, Hongkong, Taiwan, Japan, Korea South, Thailand, Malaysia, Singapore, Vietnam, Cambodia, Myanmar, Indonesia, Philippines to East Coast South America (ECSA). The PSS will take effect on 15 September 2020. Moreover, CMA CGM will implement fresh freight of all kinds (FAK) rates from all Asian ports, including Japan, Southeast Asia and Bangladesh, to all Northern European ports, including the United Kingdom and the full range from Portugal to Finland and Estonia. The new prices will apply to dry and reefer cargo, out-of-gauge (OOG) and paying empties from 15 September. On the same day, the French carrier will launch a new PSS of US$150/TEU to the same rotation. The Marseille-based company will also apply a general rate increase (GRI) from India's West Coast to Mombasa in Kenya and Dar Es Salaam in Tanzania. CMA CGM's GRR will be effective from 1 October for all dry, reefer, OOG and breakbulk cargo. Furthermore, the German Hapag-Lloyd has announced a GRI from North India inland container depots (ICD) to the Middle East and Indian Subcontinent, effective from 15 September. The new GRI will be applied for all cargo loading as follows:
US$100 per 20’ Standard Container
US$200 per 40’ Standard Container
US$200 per 40’ High Cube Container
North India ICD are those that are situated in the Indian states of Delhi, Uttar Pradesh, Haryana, Rajasthan & Punjab.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.View cookie policy!
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.