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In April, will the shipping company collectively adjust prices?

In April, will the shipping company collectively adjust prices?
2019-07-05

The shipping company has finally taken action to stabilize freight rates!

Hapag Lloyd:

Upgrade GRI from Asia to the West Coast of Latin America, Mexico, the Caribbean, and Central America.

-20 foot dry container: $350

-40 foot dry container: $500

-40 foot high cubic container: $500

-40 foot non operational refrigerated container: $500

China International Shipping:

Meisen:

Add MAF for CLX+services.

Taiping Shipping: Adjusting freight rates for the East West Africa route

Notice of GRI levy adjustment from the Far East and Indian subcontinent to the United States and Canada.

In addition, starting from April 1st, the Asia US East Coast route will be jointly operated with the world's fifth largest shipping company, Hapag Lloyd, using 8500-13100TEU container ships.

Alphaliner mentioned the Wanhai cooperation case in the information provided to the client,

Wan Hai stated that Alphaliner should have obtained relevant information based on the company's declaration to the Federal Maritime Commission (FMC) in the United States. FMC's information is publicly available.

Herbert originally rented cabin space on the Wanhai Asia East Coast AA7 route, but has now decided to jointly dispatch ships with Wanhai to operate the East Coast route,

Starting from April, the two companies will jointly deploy 12 8500 to 13100 TEU container ships on the US East Coast route, with Wanhai providing 8 container ships and Hapag Lloyd providing an additional 4.

Both shipping companies have submitted a new ship sharing agreement to the Federal Maritime Commission in Washington, with a minimum service system term of 12 months.

Alphaliner believes that the agreement will help Wanhai fill its 13100-12350 container new shipbuilding space.


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