From June 9th, Hapag-Lloyd levied a "booking cancellation fee" of 60 US dollars per count
Hapag-Lloyd will levy a booking cancellation fee (lost booking fee) on exporters of goods exported from Singapore to India starting June 9, this is the second shipping company this month The third shipping company after Hefei Fei announced that it will levy a surcharge (booking cancellation fee / lost fee) that has been firmly rejected by the shipper in the past, and the charge is 60 USD / container.
Hapag-Lloyd stated in the client announcement that a cancellation fee of $ 60 will be charged to all shippers who cancel their bookings within three days before the vessel arrives in port.
It is understood that CMA CGM announced that it will charge a booking cancellation fee (loss fee) for all exports from Northern Europe to the Red Sea, the Middle East, India, Pakistan and Sri Lanka starting from June 1. /cabinet. And Maersk Line announced that starting April 10th, for all exports from Northern Europe to the Red Sea, the Middle East, India, Pakistan, Bangladesh, and Sri Lanka, it will charge 125 euros / carton (non-euro settlement is $ 135 / carton) for bookings Cancellation fee (lost class fee).
In addition to Hapag-Lloyd so far, the three shipping companies have not clearly stated what guarantees customers can get at the moment, similar to the question of what compensation can be obtained after being dumped.
Earlier, the carrier tried to introduce a booking cancellation fee to reduce the occurrence of bookings but no boarding. Last year, Hapag-Lloyd tried to launch a $ 40 booking cancellation fee with Maersk Line, but it was unsuccessful. Mainly because they are basically not enforceable. This resulted in shippers' careless predictions and inadequate attention to booking, and also caused the shipping company to over-produce about a quarter. The end result is a disruption in cargo ships and freight supply chains.
There is no indication at present that all carriers will charge a booking cancellation fee, while only for some routes, or the operator is testing the market's acceptance of the new fee in preparation for the launch of all industries. The industry also believes that this is a trend, and more or more shipping companies will join the collection of booking cancellation fees in the future.