Hapag-Lloyd announces an increased FAK (Freight All Kinds) rate for all cargoes for standard container types on westbound trade from Middle East, the company said in its press release.
Valid from November 7, 2016 Hapag-Lloyd’s FAK rate to North Continent, subject to applicable surcharges will be:
Pakistan – USD 950 per 20’ and USD 1750 per 40’
Sri Lanka – USD 1050 per 20’ and USD 1800 per 40’
Bangladesh – USD 1050 per 20’ and USD 1800 per 40’
Jebel Ali – USD 900 per 20’ and USD 1200 per 40’
Jeddah – USD 900 per 20’ and USD 1350 per 40’
Valid from November 7, 2016 Hapag-Lloyd’s FAK rate to West Mediterranean, subject to applicable surcharges will be:
Pakistan – USD 900 per 20’ and USD 1650 per 40’
Sri Lanka – USD 750 per 20’ and USD 1500 per 40’
Bangladesh – USD 1050 per 20’ and USD 1800 per 40’
Jebel Ali – USD 950 per 20’ and USD 1900 per 40’
Jeddah – USD 700 per 20’ and USD 1100 per 40’
Valid from November 7, 2016 Hapag-Lloyd’s FAK rate to East Mediterranean, Black Sea and North Africa to subject to applicable surcharges will be:
Pakistan – USD 1200 per 20’ and USD 2100 per 40’
Sri Lanka – USD 1000 per 20’ and USD 1800 per 40’
Bangladesh – USD 1200 per 20’ and USD 2200 per 40’
Jebel Ali – USD 950 per 20’ and USD 1900 per 40’
Jeddah – USD 1000 per 20’ and USD 1800 per 40’
This new rate level is a further step to bring the rates back to sustainable levels and will be applicable from all base ports in Middle East to all North Europe and Mediterranean base ports. Out ports will be subject to the prevailing transport additional in Europe and in Asia.
Middle East comprises Bahrain, Iran, Iraq, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, Sudan, United Arab Emirates, and Yemen.
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.