Mediterranean Shipping imposed a general rate increase on westbound cargo from India to North Europe and the Mediterranean, the second GRI this year.
The planned increase, effective March 1, will be $200 per 20-foot equivalent unit. The Geneva-based carrier earlier raised its rates on the Indian subcontinent-Europe routes with a GRI of the same amount that took effect Jan. 23. MSC also announced a $400 per-TEU GRI on its Asia-Europe services, starting April 1.
Tropical Shipping announced increases in its bunker surcharges for shipments between the U.S. and Canada and the Bahamas, Cayman Islands and Turks and Caicos. Surcharges to and from the Caymans and Turks and Caicos will rise by $35 to $300 per TEU container, and by $70 to $600 for 40-footers, by $79 to $675 for larger equipment.
Surcharges to and from the Bahamas will rise by $25 per 20-footer to $245, by $50 per 40-footer to $490, and by $56 to $551 for larger boxes. Increases also are planned for vehicles, less-than-containerload shipments and barrels and pallets.
From East Asia (excluding Japan) to the Persian Gulf, rates will increase by $350 per TEU, effective March 8. From East Asia (excluding Japan) to the Red Sea region, the German ocean carrier’s planned GRI will be $150 per TEU, also effective March 8. Rates on all shipments from North Europe and the Mediterranean to the Indian subcontinent and the Middle East will attract an increase of $225 per TEU, starting March 19.
Hapag-Lloyd said rates on all cargo shipped from Latin America and the Caribbean to destinations in East Asia, the Indian subcontinent and the Middle East will go up by $100 per 20-container and $200 per FEU, starting April 1. From the U.S. and Canada to East Asia, the Indian subcontinent and the Middle East, the carrier will seek an increase of $80 per TEU and $100 per FEU, effective April 1. The subcontinent region includes ports in India, Pakistan, Bangladesh and Sri Lanka.
Maersk Line will raise rates on westbound trade from India to North Europe and the Mediterranean, starting April 1. The planned increase on all cargo will be $200 per TEU and $300 per FEU.
Separately, the Danish carrier said it will apply a $150 per-TEU GRI on eastbound cargo from North Europe and the Mediterranean to the Indian subcontinent and the Middle East, also effective April 1.
Mediterranean Shipping posted a general rate increases for all export cargo moving from Africa and the port of Iquique in Chile to ports on the west coast of Canada and the U.S.
MSC will boost rates on export cargo from Africa and Iquique by $400 per TEU and FEU to Vancouver as of March 15 and to Long Beach, Oakland and Seattle, as of March 22. The Geneva-based carrier said the GRI would appear as a surcharge included in the bill of lading under the same payment condition as the basic freight.