Ocean carriers Maersk Line, CMA CGM and MOL issued general rate increases.
Danish ocean carrier Maersk Line, along with CMA CGM of France and Japan’s Mitsui O.S.K. Lines (MOL ) issued general rate increases on various trades.
Maersk issued general rate increases from:
• India to Brazil, Argentina, Paraguay and Uruguay effective Aug. 1. For dry cargo, rates will increase by $150 per TEU; and $300 per FEU and 40-foot high cube containers.
• India, Pakistan, the United Arab Emirates, Saudi Arabia and Jordan to Kenya and Tanzania effective Aug. 1. For dry cargo, rates will increase by $325 per TEU; and $650 per FEU, 40-foot high cube and 45-foot high cube containers.
• India, Pakistan, the United Arab Emirates, Saudi Arabia and Jordan to Sudan, Somalia and Djibouti effective Aug. 1. For dry cargo, rates will increase by $325 per TEU; and $650 per FEU, 40-foot high cube and 45-foot high cube containers.
• The Middle East and South Asian area to Europe (excluding Syria) effective Aug. 1. For dry and reefer cargo, rates will increase by $450 per TEU; and $800 per FEU, 40-foot high cube and 45-foot high cube containers.
• The Middle East and South Asian area to Syria effective Aug. 1. For dry and reefer cargo, rates will increase by 450 euros per TEU; and 800 euros per FEU, 40-foot high cube and 45-foot high cube containers.
• Far East Asia to Djibouti and Somalia effective Aug. 1. For dry cargo, rates will increase by $200 per TEU; and $400 per FEU and 40-foot high cube containers.
• Far East Asia to Sudan effective Aug. 1. For dry cargo, rates will increase by 200 euros per TEU; and 400 euros per FEU and 40-foot high cube containers.
CMA CGM announced a general rate increase 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/Estonia) for all cargo effective Aug. 1. Rates will increase by $600 per TEU.
In addition, CMA CGM issued a “Freight All Kinds (FAK)” increase on the Asia to Mediterranean trade for all cargo effective Aug. 1 and again on Aug. 15.
The French carrier is also increasing the FAK pricing level from all Asian base ports (including Japanese base ports, Southeast Asian base ports and Bangladesh base ports) to all North African base ports for dry cargo effective Aug. 1 and again on Aug. 15.
Hapag-Lloyd issued general rate increases from:
• Brazil to the U.S. East Coast and Canada’s East Coast effective Aug. 15. For dry and reefer cargo, rates will increase by $100 per TEU and $200 per FEU.
• Brazil to the U.S. Gulf Coast and Mexico effective Aug. 15. For dry and reefer cargo, rates will increase by $200 per TEU and $300 per FEU.
• The U.S. West Coast and Canada’s West Coast effective Aug. 15. For dry and reefer cargo, rates will increase by $300 per TEU and $400 per FEU.
• East Asia to Mexico, the West Coast of Central America and the West Coast of South America for all cargo and container types effective Aug. 15. Rates will increase by $750 per TEU and $1,500 per FEU.
• East Asia to the Caribbean, the East Coast of Central America, Panama, Mexico Gulf and Progreso for all cargo and container types effective Aug. 15. Rates will increase by $1,050 per TEU and $1,500 per FEU.
• Chile and Peru to North Europe for all dry cargo effective Aug. 15. Rates will increase by $100 per TEU; and $150 per FEU and 40-foot high cube container.
Hapag-Lloyd issued a FAK rate from all base ports in Asia to all North European and Mediterranean base ports for all cargo and standard containers effective Aug. 1. Rates will increase by $1,150 per TEU, $2,200 per FEU and $2,250 per 40-foot high cube container.
MOL announced a general rate increase from Asia (including the Indian Subcontinent and Middle East) to Southern Africa (South Africa, Lesotho and Zimbabwe) for all cargo effective Aug. 1. Rates will increase by $500 per TEU and $1,000 per FEU.
GRI Roundup: Maersk Line, CMA CGM and MOL
