Market Letters

07.01.24 Laufer Client Alert: HL Booking Cancellation Fee for North American Exports

What's Changing?

Effective, July 1st, 2024 Hapag-Lloyd is implementing a Booking Cancellation Fee (BCF) of USD $25 per container for bookings cancelled, reduced, or rolled over within 3 days of the port cut-off date listed on your booking confirmation.

What You Need to Do:

· To avoid this fee, submit any booking changes or cancellations at least 4 days before the port cut-off date.

· You can easily make changes by contacting your Laufer Export Operations team via email or phone.

Additional Information:

· This fee applies only to Laufer Group ocean export bookings where the carrier is Hapag-Lloyd.

· The maximum fee per booking event is capped at 10 containers.

· Bookings are also subject to BCF and automatic cancellation / rolling / reduction in case any cutoff is not met including port cutoff, rail cutoff, or documentation cutoff.

Have Questions?

Contact your local Laufer customer service representative or sales representative for further information or clarification.