Hapag-Lloyd, a leading provider of maritime transportation services, has announced an increase in ocean tariff rates for Freight of All Kinds (FAK) between the Far East and both North Europe and the Mediterranean. This adjustment, effective from sailings commencing on May 15, 2024, aims to optimize service offerings and ensure the sustainability of transcontinental trade routes.

The high costs are owed to the sustanability and connectivity efforts where this looks like a pattern that can be expected for reliable service levels come at premium charges.

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