The German ocean carrier said rates on all cargo from the east coast of South America to East Asia will go up by $200 per 20-foot container and $400 per 40-foot container.
Rates on cargo from the U.S. and Canada to East Asia, the Indian subcontinent and the Middle East will increase by $80 per 20-foot container and $100 per 40-foot container. The subcontinent region includes India, Pakistan, Bangladesh and Sri Lanka.
From the Caribbean to East Asia, Hapag-Lloyd’s planned increase will be $200 per 20-foot container and $400 per 40-foot container.
From the Far East to North Europe and the Mediterranean, the carrier will push its rates up by $500 per 20-foot container. The Mediterranean region includes Black Sea and North Africa.
Hapag-Lloyd will impose a $300 per TEU rate increase on all cargo from North East Asia to ports in Australia.