News / Box lines try surcharges to raise yields as Indian freight rates falter

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Container carriers serving India-Europe tradelane are looking at how to reduce the impact of rapidly sliding freight rates.

Hapag-Lloyd, for example, a strong player on the tradelane, has announced a heavylift, or container overweight, surcharge for shipments booked from West India (Nhava Sheva/Mundra) to North Europe from next month.

The levy will be $100 for standard containers weighing over 22 tonnes (gross), including the container tare weight and will apply from 1 July. It will apply to all 20ft container types until ...