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2012 April 26   14:32

Hapaq-Lloyd to increase rates on East Asia trade

Hapag-Lloyd has announced that it will increase rates for all cargoes shipped within East Asia (except from/to Japan), by:

USD 50 per TEU, affective from June 1, 2012

East Asia is defined as being the countries of Korea, Taiwan, Hong Kong, China (PRC), Vietnam, Laos, Cambodia, Thailand, Myanmar, Malaysia, Singapore, Brunei, Indonesia, the Philippines and Russian Pacific Coast Provinces.

The Merchant is responsible for all necessary clearances and licenses (as per Clause 12 Hapag-Lloyd Bill of Lading/Sea Waybill Terms and Conditions).


Hapag-Lloyd is a leading global liner shipping company. Hapag-Lloyd AG emerged on September 1st, 1970 from the amalgamation of the two shipping companies Hamburg-Amerikanische Packetfahrt-Actien-Gesellschaft (Hapag / Hamburg-American Line) and North German Lloyd (NDL). The company's fleet of around 150 modern ships move annually five million containers. Hapaq-Lloyed employes 6,900 staff working at 300 locations in 114 countries.

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