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Hapag-Lloyd Container ship Milan Express with port of destination Hamburg; - photo credits @ Hummelhummel, CC BY-SA 3.0, via Wikimedia Commons

Hapag-Lloyd to increase rates from Indian Subcontinent to North Europe

Global shipping company Hapag-Lloyd has announced an increase in their ocean tariff rates for 20’ and 40’ Dry containers, including High Cube equipment, from the Indian Subcontinent to North Europe.

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Pölös Zsófia

Pölös Zsófia

Journalist Trans.info

|

22.02.2024

The new rates will be effective from sailings starting on March 6, 2024, and will remain valid until further notice.

The increase applies to several routes, with details as follows:

20’ Dry Containers

From To Current Base Rate Level New Base Rate Level Increase
Chittagong, BD North Europe 2625 2925 300
Mundra / Nhava Sheva, IN North Europe 2450 2750 300
Kattupalli, IN North Europe 2375 2675 300
Karachi, PK North Europe 2450 2750 300
Colombo, LK North Europe 2425 2725 300

40’ Dry Containers

From To Current Base Rate Level New Base Rate Level Increase
Chittagong, BD North Europe 2350 2850 500
Mundra / Nhava Sheva, IN North Europe 1475 1975 500
Kattupalli, IN North Europe 1450 1950 500
Karachi, PK North Europe 1475 1975 500
Colombo, LK North Europe 1500 2000 500

The geographical scope related to this price announcement includes North Europe countries: Germany, Netherlands, United Kingdom, Belgium, France, Poland, Denmark, Sweden, Ireland, Norway, Finland, Lithuania, Czech Republic, Hungary, Latvia, Austria, Switzerland, Slovakia, Estonia, Iceland, and Luxembourg, Hapag-Lloyd adds.

At the time of writing, other major shipping companies such as CMA CGM and Maersk have not announced any similar price increases on their European routes.

Photo credits @ Hummelhummel, CC BY-SA 3.0, via Wikimedia Commons

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