Rate Restoration Program – East Asia (excluding Japan) to Arabian Gulf

09 Mar 2012

Hapag-Lloyd will increase rates effective April 1, 2012.

We would like to inform you that Hapag-Lloyd will increase rates for all cargoes and all container types from East Asia (excluding Japan) to Arabian Gulf as follows: USD 400 per TEU with effect from April 1, 2012

Arabian Gulf is defined as being the ports in the United Arab Emirates, Bahrain, Iraq, Kuwait, Oman, Qatar and Saudi Arabia (Dammam & Riyadh via Dammam).

The Merchant is responsible for all necessary clearances and licenses (as per Clause 12 Hapag-Lloyd Bill of Lading/Sea Waybill Terms and Conditions).