Sea freight will go up? Many shipping companies including 2M, Hapag-Lloyd, CMA CGM have raised many surcharges! Foreign trade companies are under pressure again!

According to Drewry, a maritime advisory agency, shippers/shippers must be prepared to endure at least two more years of rising freight rates and tight supply.

It also predicts that the average freight including spot, contract, return and regional trade will increase by about 23% this year; the agency said that for certain return routes, the price increase will be "substantially higher."

Because of the frequent fluctuations in shipping timeliness and freight rates, the Ministry of Transport has also paid attention to this matter. Recently, the Chinese government posted a message from the Ministry of Transportation to netizens about "seaborne container detention and cost soaring". From the message, it can be seen that it is really too difficult for foreigners!

Sea freight will go up? Many shipping companies including 2M, Hapag-Lloyd, CMA CGM have raised many surcharges! Foreign trade enterprises are under pressure again!

Many foreign trade people said with emotion that this year they are not working for the boss, but for the shipping company...

It is worth noting that under the current “high fever” situation in ocean shipping, shipping companies are preparing for a new wave of price increases-many shipping companies on the Pan Pacific route are preparing to levy and raise a number of surcharges!

In response to recent market changes, liner companies such as Maersk, MSC, Hapag-Lloyd, and Wanhai Shipping have successively announced adjustments to some freight rates.

Maersk adjusts multiple surcharges

A few days ago, Maersk issued an announcement stating that although the congestion of the Suez Canal has been eased, there is still a large backlog of ships in the early stage, which has led to the concentration of ships arriving in the port recently. European port terminals and warehouses are facing great operational pressure and the waiting time for ships to enter the port has increased.

In view of this, Maersk stated that it will charge a congestion surcharge for all land transport carriers (Carrier Haulage) and multi-modal carriers (Multi-carrier).

Sea freight will go up? Many shipping companies including 2M, Hapag-Lloyd, CMA CGM have raised many surcharges! Foreign trade enterprises are under pressure again!

Specifically, for all bookings for barges, trains and multimodal transport to and from major European ports, a congestion surcharge of 10 euros per container will be charged;

For all truck bookings to and from major European ports, a congestion surcharge of 25 euros per container is charged.

The fee is valid from May 4th to June 30th. However, if the congestion is not alleviated, the implementation time of the surcharge may be extended.

In addition to the congestion surcharge, Maersk will also charge import service fees (IMP) from the world to China's PRN ports, which will be implemented on June 1 (regulated corridors) and May 1 (non-regulated corridors).

Sea freight will go up? Many shipping companies including 2M, Hapag-Lloyd, CMA CGM have raised many surcharges! Foreign trade enterprises are under pressure again!

The charging standard is: all 20-foot cold boxes are charged at 150 yuan per box; all 40-foot cold boxes are charged at 250 yuan per box.

Earlier, Maersk had already raised part of its fees in early April:

1. Increase the terminal operating charge (DTHC) for the destination port from the world (except OCE) to North America (the United States and Canada). The scope of application includes 40-foot containers and 45-foot tall containers. The new fee will be implemented on April 1. Compared with the previous freight, the terminal operating fee at the port of destination generally rises by US$20 per box.

2. The same will be implemented on April 1, including the global port of departure terminal operating fee/destination port terminal operating fee (OTHC/DTHC) to and from Singapore, for all 40-foot refrigerated containers.

3. Adjusted the destination document fee (DDF) for the global travel to and from Singapore.

MSC raises GRI

From Asia to the United States, the comprehensive rate increase surcharge (GRI) will be raised from June 1, 2021, as follows:

Sea freight will go up? Many shipping companies including 2M, Hapag-Lloyd, CMA CGM have raised many surcharges! Foreign trade companies are under pressure again!

Hapag-Lloyd raises GRI

Hapag-Lloyd announced that starting from June 1 (origin and receipt date), it will increase the comprehensive rate increase surcharge (GRI) for eastbound routes from East Asia to the United States and Canada.

This fee applies to all types of containers such as dry containers, reefer containers, storage tanks, and open top containers.

The charging standard is: all 20-foot boxes are charged 960 dollars; all 40-foot boxes are charged 1200 dollars.

Sea freight will go up? Many shipping companies including 2M, Hapag-Lloyd, CMA CGM have raised many surcharges! Foreign trade enterprises are under pressure again!

East Asia includes Japan, South Korea, Mainland China, Taiwan, Hong Kong, Macau, Vietnam, Laos, Cambodia, Thailand, Myanmar, Malaysia, Singapore, Brunei, Indonesia, the Philippines, and the Pacific Rim of Russia.

In addition, Hapag-Lloyd also announced last month that from April 1st, on the eastbound trade routes from Turkey and Italy to East Asia, freight rates for all 20-foot and 40-foot containers will be increased.

Compared with the previous freight rates, on the eastbound trade route from Turkey to East Asia, the freight rate for 20-foot containers generally rose by US$50, and the freight rate for 40-foot containers generally rose by US$100.

On the eastbound trade route from Italy to East Asia, freight rates per case generally rose by US$200.

Wanhai Shipping Increases Freight Rates for China's Exported Goods

A few days ago, Wanhai Shipping announced a new round of freight rate increase. Starting from May 22, Wanhai Shipping’s freight rates for exports from China to Asia will be increased: USD 300/600/600 for 20' /40'/HQ, the reason is that operating costs continue to rise.

Sea freight will go up? Many shipping companies including 2M, Hapag-Lloyd, CMA CGM have raised many surcharges! Foreign trade enterprises are under pressure again!

Star-based congestion surcharge for northern European ports

Star Shipping recently announced that it will charge a congestion surcharge of US$150/TEU to all dry containers entering and leaving from Nordic ports. The new fee standard will be implemented on April 11.

Sea freight will go up? Many shipping companies including 2M, Hapag-Lloyd, CMA CGM have raised many surcharges! Foreign trade enterprises are under pressure again!

CMA CGM adjusts GRI

GRI surcharges will be adjusted from June 1, 2021, and apply to all freight rates or service contract rates for all goods within the scope described here. All loads from Asian and Far East ports to all U.S. unloading ports and inland points are adjusted. as follows:

Sea freight will go up? Many shipping companies including 2M, Hapag-Lloyd, CMA CGM have raised many surcharges! Foreign trade enterprises are under pressure again!

Foreign trade people who have shipping plans, please tell each other and prepare early!