Independent journal on economy and transport policy
11:30 GMT+1
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New decided rise of the hires for marine shipments from the Far East to Europe/Med
Consisting it raise the price announced from COSCON and Hapag-Lloyd
November 16, 2012
The decided increase of the hires for marine shipments from Asia to the Europe North and the Mediterranean applied beginning from the beginning of the slid spring in different measure, but always consisting, from the main companies that operate line services on this route, that has benefitted of a consequent increase of the revenues that has partially attenuated to the effects negatives of the decrease of the question, of the increase of the costs and of the excess of hold ability that characterizes this market, seems to have in these days a new impulse with a series of increases announced from some of the main shipowning carriers.
Between these it detaches the today's communication of Chinese COSCO Container Lines (COSCON), that 15 December of a General Rate Increase (GRI) for all has returned note the application beginning from next the shipments from the Far East (included Japan) and from the region of India and Pakistan to north-western Europe and the Mediterranean (included Israel, Lebanese, Syria, Africa North and Black Sea) that will be pairs to 550 dollars for container from 20 ' (teu) for shipments towards north-western Europe and to 650 dollars for teu for shipments towards the Mediterranean. Moreover COSCON has communicated a GRI for shipments of container reefer from north-western Europe, the Mediterranean (included Israel, Lebanese, Syria, Africa North and Black Sea) and from the West Africa for any destination that will be in vigor from next 10 January and that it will be pairs to 1.200 dollars for container teu reefer and to 1.500 dollars for container reefer from 40 ' (feu).
The increase in form of General Rate Increase is distinguished today also announced from the Hapag-Lloyd German who will be applied by next 17 December to all shipments from Asia oriental (excluded Japan) to all the destinations in North Europe and the Mediterranean (excluded southern and western Africa) and that it will be pairs to 600 dollars for container from 20 ' (teu).
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