In order to improve booking reliability and increase the efficiency of space and equipment planning, Hapag-Lloyd will implement a Booking Cancellation Fee (BCF) for export shipments from Singapore to Europe, North America and South America (Intra-Asia trade is excluded) with effect from September 7, 2015, the shipping company said in a news release.
Booking Cancellation Fee (BCF) will be: $ 60.0 per booking
This fee will apply to all bookings that are cancelled within three calendar days before vessel arrival.
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.