A German carrier, Hapag-Lloyd, has become the latest shipping line to introduce a fee for cancelled container bookings. Effective June 9, the $60.00 fee applies to all export shipments from Singapore to India that are cancelled within three calendar days of vessel arrival.
CMA CGM has already introduced a $150.00 cancellation fee on shipments that prevent the shipping line from accepting other bookings. A third carrier, Maersk, has also introduced cancellation penalties because “a significant amount of bookings” are being cancelled shortly before cargo cut off.
For more information, contact Debbie McGuire, Manager – Freight Solutions.