<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">In a move reflecting sustained capacity pressures and

shifting market dynamics across major global maritime routes, German container

shipping giant Hapag-Lloyd has announced a comprehensive General Rate Increase

(GRI) for all cargo moving from the Far East to Europe. The new ocean tariff

adjustment is set to take effect for all voyages commencing on or after June 1,

2026, touching major trading routes connecting Asian manufacturing hubs with

Northern Europe and the Mediterranean.<o:p></o:p></span></p>

<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">The container line confirmed that the pricing hike

will apply to all Freight All Kinds (FAK) shipments, covering standard dry

vans, high-cube containers, and specialized refrigerated units.<o:p></o:p></span></p>

<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">According to the carrier's commercial trade notice,

the rate increase is structured to absorb rising operational overheads,

container equipment repositioning imbalances, and localized transit disruptions

that continue to impact traditional maritime networks. Under the updated

pricing matrix, base ocean freight rates will see a significant upward

adjustment per twenty-foot equivalent unit (TEU) and forty-foot equivalent unit

(FEU). Industry analysts note that carriers are aggressively adjusting their

baseline tariffs to stabilize spot market yields ahead of the traditional

third-quarter peak shipping season.<o:p></o:p></span></p>

<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">The Far East to Europe maritime corridor remains one

of the highest-volume trade lanes in the world. Recent geopolitical shifts and

strategic vessel diversions around key ocean chokepoints have structurally

altered transit timelines, forcing shipping lines to deploy additional vessel

capacity to maintain weekly service schedules. Hapag-Lloyd emphasized that the

revised tariff structure is necessary to sustain premium service reliability,

secure equipment availability at origin ports, and preserve robust weekly

sailing frequencies amid fluid marine supply chain conditions.<o:p></o:p></span></p>

<p class="MsoNormal"><span style="font-size:14.0pt;line-height:115%;font-family:

&quot;Times New Roman&quot;,serif">Global logistics providers and freight forwarders are

advising cargo owners to review booking forecasts and secure equipment

allocations early to mitigate the impact of the upcoming GRI. The carrier has

stated that its regional trade desks will work closely with contract clients to

manage the transition, noting that supplementary terminal handling charges

(THC) and statutory security surcharges at both loading and discharge ports

will remain applicable under standard billing terms.<o:p></o:p></span></p>