Search
Updated news
Presentation
News > Sea News
Ocean Carrier Rate Revision Roundup for Oct. 25 

Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November and December.

Asia-Europe

United Arab Shipping Co. intends to boost rates for shipments from the Mediterranean to Asia by $200 per 20-foot-equivalent unit, effective Nov. 1. On the same date, the carrier hopes to increase rates in its trade from the Mediterranean and Black Sea to theMiddle East and Indian subcontinent by $200 per 20-foot container and $300 per 40-foot container.

CMA CGM plans to raise rates in its trade from India, Pakistan and Sri Lanka to North Europe, the Mediterranean, Baltic, Black Sea and North Africa, as well as Central America, the Caribbean and Latin America, by $300 per 20-foot container and $600 per 40-foot container, starting Dec. 1.

In the reverse direction, Maersk Line plans to implement a rate hike for shipments from the Mediterranean to the Middle East, India and Indian subcontinent by $200 per 20-foot container and $300 per 40-foot container, effective Nov. 4.

Starting Nov. 15, CMA CGM intends to boost rates on its IPAK service for shipments from North Europe, the U.K. and Nordic countries to India, Pakistan, Sri Lanka and Egypt’sPort Said. The hike will be $150 per 20-foot container and $300 per 40-foot container.

Intra-Asia

Two carriers hope to implement rate increases on Nov. 1:

  • CMA CGM will attempt to raise rates in its trade from Asia to Mauritius by $200 per TEU. The container line will also increase rates on shipments from all Asian ports, excluding Japan, to Sri Lanka, Pakistan and West India by $100 per TEU.
  • Hapag-Lloyd plans to boost rates in its trade from East Asia, excluding Japan, to the Persian Gulf, by $500 per TEU, and to the Indian subcontinent by $100 per TEU.

Asia-Africa

Cosco Container Lines plans to increase rates on shipments from the Far East to South Africa by $300 per TEU, starting Nov. 1.

On Nov. 15, CMA CGM aims to hike rates on trade from India and the United Arab Emirates to East Africa by $500 per TEU.

Asia-Latin America

Effective Nov. 1, Hamburg Süd and its subsidiary Aliança intend to increase rates in its trade from Asia to South America’s east coast by $650 per 20-foot container, $1,000 per 20-foot and 40-foot refrigerated container and $1,300 per 40-foot standard and high-cube and 40-foot non-operated reefer container.

Beginning Nov. 9, Hamburg Süd and Aliança will also try to hike rates in its trade from Asia to the west coast of South America and Central America, and Mexico by $1,000 per 20-foot container, $1,500 per 40-foot non-operated reefer container and $2,000 per 40-foot standard and high-cube container and 40-foot reefer container.

Similarly, Cosco hopes to increase rates on shipments from the Far East to South America’s east coast by $750 per 20-foot container and $1,500 per 40-foot and 40-foot high-cube container, beginning Nov. 15.

Asia-Australia

Hapag-Lloyd intends to raise rates on shipments from Northeast Asia to Australia by $300 per TEU, starting Nov. 17.

 

The Journal of Commerce


OTHER NEWS
CMA CGM: The Only Shipping Line Calling Buchanan Port In Liberia
P3 Alliance Scrutiny Spreads To Korea
COSCO Ordering New Ships
Maersk Is Still Confident That P3 Will Gain Regulatory Approval
Lines Levy Asia-South America Rate Hikes
Hyundai Adds Six Vessels To Asia-US Route
Maersk Remains Confident About P3 Approval
Ocean Carrier Rate Revision Roundup For Dec. 16
Freight Rates Up 60 Percent On Asia-Europe
Port Of Montreal Welcomes Its Largest Tanker
G6 Musters To Battle P3 Alliance, Plans To Serve 66 Ports With 240 Ships
Dalian Welcomes Maiden Call From PIL's West Africa Service
Arkas Line – A New Player In Israel's Maritime Trade
FPS Launches Rotterdam-Fiji Direct LCL Service
MOL Hikes Asia-Mexico/WC South America Rate US$600/TEU January 1
CaroTrans Launches Direct LCL New York-St Petersburg Service
Transpacific Carriers Seek $500 In Rate Increases
KMTC And OOCL Swap Slots On Two Far East-India/Sri Lanka Loops
Maersk Ends Nhava Sheva Congestion Surcharge
P3 Speeds Will Challenge Other Carriers
Most popular news
Vietnam S Biggest Port OpensVietnam's Biggest Port Opens
Vietnam's Ministry of Transport yesterday opened the Cai Mep Thi Vai International Port in the...
Carotrans Launches Direct Lcl New York St Petersburg ServiceCaroTrans Launches Direct LCL New York-St Petersburg Service
CAROTRANS has launched a fortnightly direct all-water LCL service from New York to St Petersburg....
Promotion News 4FIFA Places Special Order With Louis Vuitton For Trophy Case
Today at the Home of FIFA in Zurich, Louis Vuitton and FIFA announced their collaboration on a new...
News 5UPS Opens Asia Hub At Shenzhen
UPS launched its new intra-Asia air hub in Shenzhen, China, marking a shift in operations from the...
4 Carriers Form Asia Adriatic Service4 Carriers Form Asia/Adriatic Service
Yang Ming, Hanjin Shipping, Hyundai Merchant Marine and United Arab Shipping Co. will start a...
Ups Boosts Mexico ServicesUPS Boosts Mexico Services
Major freight carrier UPS has boosted the fleet serving south-east and north-west Mexico,...
Canadian National To Begin Service On Kelowna Pacific Railway S LinesCanadian National To Begin Service On Kelowna Pacific Railway’s Lines
Canadian National aims to start freight service on about 75 percent of the rail network operated by...
Srilankan Buys Seven PlanesSriLankan Buys Seven Planes
Sri Lanka's national carrier SriLankan Airlines is to acquire seven aircraft by end 2011. They...
Alaska Airlines Begins Bellingham Honolulu ServiceAlaska Airlines Begins Bellingham-Honolulu Service
Alaska Airlines has inaugurated nonstop service between Bellingham, Wash., and Honolulu. The daily...
Maskargo Silk Way Airlines Sign PartnershipMASkargo, Silk Way Airlines Sign Partnership
MASkargo, the air cargo division of Malaysian Airlines, and Silk Way Airlines of Azerbaijan have...
Hotline
(84) 903952255
Mr Khuan
Stock Exchange
HOSE
HNX
UPCOM
Viethoalogcon
Viethoaholdingcorp
Viethoaglobal
User Customer
User Viethoa
Use For Customer
User For Viet Hoa
Viethoa E Office
China Airlines
Singapore Airlines
Logo 5
Logo 4
Japan Airlines
Logo 2
Logo 1
Eva Airlines
China Airlines 1
Malaysia Airlines
Wanhai
Evergreen
Hanjin
Huyndai
STATISTIC
Online 69
Hit counter 18407209

VIET HOA TRANSPORT SERVICES & TRADING JOINT STOCK COMPANY ( HEAD OFFICE )
Address: 284 Nguyen Tat Thanh Street, Dist. 4, Ho Chi Minh City, Vietnam
Tel (84-28) 39402520 -Fax: (84-28) 39402601
Emailgeneral@viethoagroup.com
Copyright © 2007 VIET HOA GROUP. All rights reserved
Designed & Developed by EMSVN