Korea’s Hanjin Shipping will implement a series of rate restorations and peak-season charges on Asia-Europe trades through the first three quarters of next year.
From 1 January, all routes from the Far East and South-east Asia to North Europe/Mediterranean and West Africa will be subject to a US$250/teu and $500/feu charge.
Subsequent hikes will be imposed on all shipments on Far East and South-east Asia-Europe trades on 1 April, 1 June, 1 July, 15 July, 1 September and 15 September.
New surcharges will also be introduced on the South-west Asia to North Europe/Mediterranean trade on 1 March and 1 June.
Hanjin said: “Despite our efforts to reduce costs, it is inevitable for us to restore rates in order to maintain quality service and schedule reliability that our customers expect from us.”
From 1 January, all routes from the Far East and South-east Asia to North Europe/Mediterranean and West Africa will be subject to a US$250/teu and $500/feu charge.
Subsequent hikes will be imposed on all shipments on Far East and South-east Asia-Europe trades on 1 April, 1 June, 1 July, 15 July, 1 September and 15 September.
New surcharges will also be introduced on the South-west Asia to North Europe/Mediterranean trade on 1 March and 1 June.
Hanjin said: “Despite our efforts to reduce costs, it is inevitable for us to restore rates in order to maintain quality service and schedule reliability that our customers expect from us.”