NYK Line will implement a general rate increase for all dry and refrigerated containers to and from U.S. and Canadian ports to all port in Northern Europe as of Sept. 14. The planned increases are $250 per 20-foot container and $500 per 40-foot container.

NYK said the GRI will apply to all cargo under NYK Line independent tariffs and service contracts.

The Japanese carrier’s action follows similar moves by Maersk Line, CMA
CGM and Hanjin Shipping, which have all implemented trans-Atlantic
increases of various sizes.

NYK said the restoration initiative is necessary to address what it
called “the severe economic challenges associated with NYK operating
services in the trans-Atlantic trade.”

Source: The Journal of Commerce Online

Search to find what you want

• Trans-Atlantic ACL Raise Prices

     Atlantic Container Line said it will raise rates on east- and westbound trans-Atlantic cargo, effective April 1. The increases, which are the same for cargo moving in both directions, are $250 per 20-foot container and $400 per 40-footer. The move continues a trend in multiple trade lanes after carriers reduced capacity

• NYK walks Transatlantic Rates

     NYK Line joined a growing parade of carriers raising rates on trans-Atlantic lanes announcing price increases effective Dec.

• Evergreen hikes prices for exports of U.S.

     Evergreen Line filed a range of rate increases on a number of different commodity exports in the trans-Pacific and the Trans-Atlantic to support what it called “sustainability.” Evergreen forecast the ocean carrier industry collectively will lose more than $20 billion in 2009 and said rates have fallen in every major trade

• Maersk plans big changes on the Trans-Atlantic

    Maersk Line is making some major changes in its trans-Atlantic services. The world’s largest ocean container carrier will begin notifying customers in October of the rates and services it is planning for the trade over the next 12 months. It has already notified customers that it is changing the interval

• OOCL Trans-Atlantic Raises Rates

     OOCL said it will impose a general rate increase on westbound trans-Atlantic cargo as of April 1. The move follows increases on the trade lane that were announced recently by several other carriers including NYK, Hanjin Shipping and Mediterranean Shipping Co. OOCL said current ocean freight rates continue to be below the

• OOCL bumps Transatlantic Rates

     Orient Overseas Container Line will apply the second phase of its rate restoration program Jan. 1 with a general rate increase on the trans-Atlantic trade. “Ocean freight rates continue to be below the required level to cover basic operating costs or transportation costs,” the carrier said in a statement, adding

• WCSA lines to raise interest rates entire 10

     Member lines of the West Coast South America Discussion Agreement have agreed on four staggered rate increases of $350 per 20-foot container and $500 per 40-foot container over the next year for southbound shipments from the U.S. East and Gulf coasts. The rate increases are to take effect Jan.

• US-to-Asia Ship Lines Seek Increase

    A week after most large trans-Pacific container carriers sought an “emergency” increase in U.S.

• MSC walks Eastbound Trans-Atlantic prices

    Mediterranean Shipping Company announced Thursday a general rate increase on exports from North America to Europe and the Mediterranean as of April 1.

• Hapag-Lloyd walks Asia-to-Canada price

     German ocean carrier Hapag-Lloyd said it is raising rates from all parts of Asia, including the Indian Subcontinent, to Canada beginning March 15. The increases are $320 per 20-foot container, $400 per 40-foot container and $450 per 40-foot high cube container to Vancouvery; and $400 per 20-foot container, $500 per 40-foot

• CTSA lines raise bunker surcharges

     Member lines of the Canada Transpacific Stabilization Agreement said they are raising their bunker surcharge in January. • For East Coast ports, the fuel recovery charge will be $551 per 20-foot container, $689 per 40-foot container, $775 per 40-foot high-cube container, and $872 per 45-foot container. • For West Coast ports, the

• MSC hikes rates in North America

     With carriers increasing rates on major trade lanes on an almost daily basis, Mediterranean Shipping Co. has announced a broad set of rate increases on North American exports on both the trans-Atlantic and the trans-Pacific trade lanes as of March 1. On the trans-Atlantic, the Geneva-based carrier said it will increase

• OOCL Trans-Pacific hikes prices

     OOCL will implement a general rate increase for all dry and reefer cargoes leaving Hong Kong, Macau and South China for shipment to Canada. Based on cargo receiving date, the GRI will take effect March 15. The increases for cargo going to Torontoy or Montrealy will be $400 per 20-foot container,

• CTSA raises bunker costs lowers CAF

     Member lines of the Canada Transpacific Stabilization Agreement said they are raising their bunker surcharge in April. It’s the first rise since January and represents a 5 percent increase. ?? • For East Coast ports, the fuel recovery charge will be $581 per 20-foot container, $727 per 40-foot container, $817 per 40-foot

• Maersk Line makes changes to the Trans-Atlantic Service Network

     Maersk Line announces revisions to its trans-Atlantic network including removal of the Trans-Atlantic 3 (TA3) service between North America and Northern Europe in an effort to adjust capacity to better suit market demand. “Trading and market conditions on the trans-Atlantic route warrant elimination of excess capacity between Europe and North