• 2012 May 5 10:30

  Hapag-Lloyd hikes rates on East Asia-N.Europe trade

  

  Hapag-Lloyd will increase rates for all cargoes and all container types from East Asia (excluding Japan) to North Europe by: USD 400 per TEU with effect from June 4, 2012, the carrier said on Friday.
  
  North Europe comprises North West Continent, the U.K., Scandinavia, Baltic and European ports of Russia.
  
  East Asia comprises Japan, Republic of Korea, Taiwan, Hong Kong, China (PRC), Macao, Singapore, Malaysia, Myanmar, Indonesia, Thailand, Philippines, Papua New Guinea, Laos, Cambodia, Vietnam, Brunei and Russian Pacific Ports of Vladivostok and Vostochny.
  
  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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