CMA CGM and Hapag-Lloyd have announced new rates in North Europe and the Mediterranean, which will take effect on 1 April.

Firstly, CMA CGM will implement a peak season surcharge of US$500 per TEU from Red Sea to North Europe, Scandinavia, Adriatic, North Africa, Morocco and the Mediterranean.

The French carrier will also apply the following Freight All Kinds (FAK) rates:

Direct base port rates 20ST 40ST 40HC
North West India to North Europe US$2,900 US$3,600 US$3,600
North West India to West Mediterranean US$2,900 US$3,600 US$3,600
North West India to East Mediterranean US$2,200 US$2,850 US$2,850
South East India to North Europe US$2,300 US$3,200 US$3,200
South East India to the Mediterranean US$2,300 US$3,200 US$3,200

Moreover, Hapag-Lloyd will introduce increased ocean tariff rates from the Middle East, Pakistan and the Indian Subcontinent to North Europe and the Mediterranea for all cargoes for 20’ and 40’ general purpose, including high cube containers, as follows:

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In addition, the Hamburg-based line will push up its ocean tariff rates for all cargoes, including high cube and reefer boxes, from North Europe and the Mediterranean to Australian base ports of Adelaide, Brisbane, Fremantle, Melbourne and Sydney.

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Last but not least, Hapag-Lloyd has announced an increased ocean tariff rate for all cargoes in 20’ and 40’ dry containers, including high cube boxes, on the eastbound trade from North Europe to Middle East and Indian Subcontinent.

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