With effect from December 1, 2015 Hapag-Lloyd will implement a General Rate Increase for all cargoes and all container types on the Far East westbound trade by USD 650 per TEU, the company said in its press release.
Foregoing is applicable for all shipments from East Asia (excluding Japan) to all North Europe and Mediterranean destinations.
North Europe comprises North West Continent, the U.K., Scandinavia, Baltic and European ports of Russia.
Mediterranean comprises the West Mediterranean, East Mediterranean, Black Sea and North Africa.
East Asia comprises Japan, Republic of Korea, Taiwan, Hong Kong, China (PRC), Macao, Singapore, Malaysia, Indonesia, Thailand, Philippines, Laos, Cambodia, Vietnam, Brunei and Russian Pacific Ports of Vladivostok and Vostochny.