Hapag-Lloyd implements new peak season surcharges worldwide

Home Insights Hapag-Lloyd implements new peak season surcharges worldwide

July 11, 2024

Hapag-Lloyd has announced new peak season surcharges (PSS) across its global network, starting August 1, 2024. These surcharges will affect key trade routes, including Asia to North America, Europe to South America, and intra-Asia.

Key rates include $600 per TEU and $1,200 per FEU from Asia to North America, and $300 per TEU and $600 per FEU from Europe to South America. These surcharges aim to manage increased operational costs and ensure reliable services during peak shipping periods.

Hapag-Lloyd stresses that these measures are essential for maintaining service quality amid high demand. Customers should account for these additional costs in their shipping plans during the peak season.

What does this windfall mean for investors?

This windfall of updated surcharges means that investors can expect higher shipping costs during peak seasons. It also signifies increased demand and potential for higher returns.

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