[The maritime shipping market is experiencing another wave of price hikes! Several shipping companies, including Maersk and CMA CGM, raised their freight rates on routes in March]
Release date:[16:13:21] Read total of[5]times

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Recently, several shipping companies including Maersk, CMA CGM, Hapag-Lloyd, HMM and Wan Hai have announced a new round of price increase plans for some routes in March.

Including Europe, the United States, the Mediterranean, Africa, the Middle East, India, Pakistan and short-ocean routes.


Maersk


On February 13th, Maersk announced that starting from March 3, 2025, it will adjust the freight rates from the Far East to Northern Europe and the Mediterranean region. This adjustment aims to continue providing a high-quality service portfolio and announces an increase in the FAK rate from the Far East to Northern Europe and the Mediterranean to a maximum of $6,200 per 40-foot container.


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Cma CGM


On February 14th, CMA CGM announced that starting from March 1st, 2025, it will increase the FAK rate from the Far East to the Mediterranean and North Africa, with a maximum of $6,900 per 40-foot container, valid until further notice.

The new FAK rates apply as follows:

Port of departure: All major basic ports in Asia

Destination range: All ports in the Mediterranean and North Africa

Box types: Dry box, OOG frame box, paid empty box Paying empties

Effective date: March 1, 2025 (loading date) until further notice


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Hapag-Lloyd


Hapag-lloyd announced that as of March 1, 2025, it will increase the FAK rate from the Far East to Europe and impose a GRI of $300 per TEU on containerized cargo from Asia/Oceania to Africa, the Middle East and the Indian subcontinent, as well as from Asia to Oceania, valid until further notice.


Increase to the European FAK rate


Hapag-lloyd recently issued a notice, announcing that as of March 1, 2025, it will increase the ocean freight rates for all types of freight (FAK) between the Far East and Europe. This adjustment covers the transportation of 20-foot and 40-foot (including 40-foot high containers) dry and refrigerated containers, with rates including Marine fuel recovery (MFR) and peak season surcharge (PSS).


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The comprehensive rate increase surcharge (GRI) for the transportation of 20-foot and 40-foot dry cargo (and refrigerated) containers (including 40-foot high containers) from Asia and Oceania to the Middle East and Indian subcontinent has been raised. This GRI applies to all containers shipped from March 1, 2025 and will remain valid until further notice.

The specific details of the increase are as follows:

Container types: Dry cargo, refrigerated and special containers of 20-foot, 40-foot and 40-foot high containers

Increase amount: An increase of 300 US dollars per standard container

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Upgraded to African GRI

The Comprehensive Rate Increase Surcharge (GRI) for the transportation of goods from Asia and Oceania to Africa will be raised to apply to the transportation using 20-foot and 40-foot dry cargo containers, refrigerated containers and special containers (including 40-foot high containers). This GRI will come into effect on March 1, 2025 and remain in force until further notice.

The specific details of the increase are as follows: Container types: dry containers, refrigerated containers and special containers of 20-foot, 40-foot and 40-foot high containers

Increase amount: An increase of 300 US dollars per standard container


Upgraded to Oceania GRI

The comprehensive rate increase Surcharge (GRI) for transporting goods from Asia to Oceania using 20-foot and 40-foot dry cargo (and refrigerated) containers (including 40-foot high containers) has been raised. This GRI applies to all containers shipped from March 1, 2025, and its validity period will remain until further notice.

The specific details of the increase are as follows: Container types: dry containers, refrigerated containers and special containers of 20-foot, 40-foot and 40-foot high containers

Increase amount: An increase of 300 US dollars per standard container

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HMM


HMM has issued an announcement, stating that the GRI for the United States, Canada and Mexico will be raised, effective March 1, 2025.

The fee standards are as follows:

USD 2700 per 20

UsD 3000 per 40

USD 3375 per HC

USD 3798 per 45

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Wan Hai Shipping


Recently, Wan Hai issued a notice stating that due to port congestion, various operating costs have been continuously rising recently. Now, it is implementing an increase in freight rates for cargo exported from the entire China region to the Asian region (near-sea routes) :

Adjustment rate: USD 100/200/200 for 20'/40'/40'HQ


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