Hapag ups Red Sea rate US$200/TEU December, $200/TEU from Dec 15
GERMANY's Hapag-Lloyd will increase rates for all containerized cargo from East Asia (excluding Japan) to Red Sea, defined as Jeddah, Aqaba, Sokhna, Port Sudan and Hodeidah.
Rates will increase US$200 per TEU from December 1, $200 per TEU from December 15 and $300 per TEU from January 1.