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Hapag-Lloyd Raises Rates for Far East Services

Maritime Activity Reports, Inc.

April 29, 2009

Hapag-Lloyd is increasing rates for services from the Far East to Northern Europe and the western Mediterranean by $500 per TEU with effect from June 15th 2009. The increase will be $150/TEU in the opposite direction.

Rates for services between Asia and the eastern Mediterranean will be raised by $300/TEU as of August 1st.

Hapag-Lloyd has also announced a Peak Season Surcharge of $150 per TEU for the period August 1st to October 31st.

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