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Hapag-Lloyd has announced that it will be increasing its bunker surcharges for all dry, reefer, flat rack and open-top containers from both the Middle East to the US and Canada, and East Asia and the Indian Subcontinent to the US and Canada.

Whilst the Middle East to North America West Coast and North America East Coast rates are up by 9.66 percent and 9.43 percent respectively, the surcharge increases from East Asia and the Indian Subcontinent are much higher - at between 15.2 and 15.3 percent for East Coast destinations and between 17.3 and 17.5 percent for West Coast ports.

Effective from March 1, the bunker rates will be as follows:

Middle East to the US and Canada

Container Size: 20' - All Types

West Coast, Current Level: $528
West Coast, New Level: $579
East Coast, Current Level: $297
East Coast, New Level: $325

Container Size: 40' - All Types

West Coast, Current Level: $1056
West Coast, New Level: $1158
East Coast, Current Level: $594
East Coast, New Level: $650

East Asia and the Indian Subcontinent to the US and Canada

Container Size: 20' - All Types

West Coast, Current Level: $329
West Coast, New Level: $386
East Coast, Current Level: $590
East Coast, New Level: $680

Container Size: 40' x 8'6" - All Types

West Coast, Current Level: $365
West Coast, New Level: $429
East Coast, Current Level: $656
East Coast, New Level: $756

Container Size: 40' x 9'6" - All Types

West Coast, Current Level: $411
West Coast, New Level: $483
East Coast, Current Level: $738
East Coast, New Level: $851

Container Size: 45' x 9'6" - All Types

West Coast, Current Level: $462
West Coast, New Level: $543
East Coast, Current Level: $830
East Coast, New Level: $957