Hapag-Lloyd has announced price increases in its Australia trades, which will take effect from October and November.

First of all, the German carrier will apply a general rate increase (GRI) from North East Asia, South East Asia, Middle East and Indian Subcontinent to Australia as of 1 November for all dry, reefer, non-operating reefer, tank, flat rack and open-top containers as follows:

North East Asia to Australia

• US$300/20’ all equipment types
  
• US$600/40’ all equipment types

North East Asia is comprised of South Korea, China, China/Hong Kong, China/Macau and Taiwan.

South East Asia to Australia

• US$150/20’ all equipment types
• US$300/40’ all equipment types

Southeast Asia is comprised of Brunei, Cambodia, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.

Middle East and Indian Subcontinent to Australia

• US$150/20’ all equipment types
• US$300/40’ all equipment types

The Middle East includes the United Arab Emirates, Bahrain, Jordan, Kuwait, Oman, Qatar, Saudi Arabia and Yemen and Indian Subcontinent comprises Bangladesh, India, Pakistan and Sri Lanka.

In addition, the Hamburg-based shipping company has revised its booking cancellation and booking amendment fees for all applicable export shipments from Australia as follows:

• Booking Amendment Fee – AUD 50 (US$36) / container
• Booking Cancellation Fee – AUD 100 (US$72) / container

This fee is applicable to all bookings which are canceled, transferred, reduced or amended within seven calendar days from the vessel’s cargo cut-off. Terminal roll fees also apply in cases where cargo is already delivered for export. The new fees will be effective from 1 October for non-FMC (Federal Maritime Commission) lanes and from 1 November for FMC lanes.

Furthermore, Hapag-Lloyd has announced an increased ocean tariff rate for all cargoes for 20’ and 40’ general purposes, including high cube containers, from Italy to all destinations in Australia and destinations that require transshipment via Australia.

Valid for sailings commencing on 16 October onwards and until further notice, Hapag-Lloyd’s rates from Italy to Australian base ports in Adelaide, Brisbane, Fremantle, Melbourne and Sydney will be: