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General Rate Increase – Far East Westbound East Asia to North Europe and Mediterranean
September 22, 201 5
Dear Customer,
Due to the unsustainable rate levels on the Asia to Europe trade, we would like to inform you that with effect from October 19, 2015 Hapag-Lloyd will implement a General Rate Increase for all cargoes and all container types on the Far East westbound trade by:
USD 950 per TEU
Foregoing is applicable for all shipments from East Asia (excluding Japan) to all North Europe and Mediterranean destinations.
North Europe comprises North West Continent, the U.K., Scandinavia, Baltic and European ports of Russia.
Mediterranean comprises the West Mediterranean, East Mediterranean, Black Sea and North Africa.
East Asia comprises Japan, Republic of Korea, Taiwan, Hong Kong, China (PRC), Macao, Singapore, Malaysia, Indonesia, Thailand, Philippines, Laos, Cambodia, Vietnam, Brunei and Russian Pacific Ports of Vladivostok and Vostochny.
For further information please contact your local Hapag-Lloyd office.
Kind regards,
Hapag-Lloyd AG
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