Up 500$! Covering all box types, Hapag-Lloyd features collection of new PSS!

Recently, Hapag-Lloyd's official website announced that the Peak Season Surcharge (PSS) will be levied on all containerized cargoes from the Far East to Australia from August 22, 2024 until further notice.?

Specific notices and charges:

From China, Japan, Korea, Hong Kong and Macau, China to Australia, effective August 22, 2024

From Taiwan, China to Australia, effective September 6, 2024

US$500 per TEU for all container types.

In addition, on August 14th Hapag-Lloyd published financial data for the first half of the year.

The data show that in the first half of 2024, Group revenues amounted to USD 9,516 million; Group EBITDA was USD 2 billion (EUR 1.8 billion); Group EBIT fell to USD 900 million (EUR 800 million); and Group profit fell to USD 800 million (EUR 700 million).?

In the liner shipping segment: volumes increased by 5 percent year-on-year to 6.1 million TEU (H1 2023: 5.8 million TEU).

First-half revenues declined by 14% to USD 9.3 billion (EUR 8.6 billion), mainly due to lower average freight rates than in the same period last year at USD 1,391 per TEU (H1 2023: USD 1,761 per TEU).?

In response, Hapag-Lloyd's Chief Executive Officer said, “Although we were unable to match last year's excellent results, we achieved a very good first half of 2024 due to strong demand and higher spot prices.”?

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