Here you can find our Essential Terms.
The Essential Terms are part of the service contracts between the Hapag-Lloyd AG and our customers.
Simplified, a service contract is split into the Essential Terms and a list of agreed ocean and inland rates on selected port combinations for different container types.
The Essential Terms contain e.g. a lists of origins, destinations and commodities, a minimum quantity commitment and the run of validity.
In the US market the Federal Maritime Commission (FMC) monitors the maritime trade of ocean carriers under antitrust aspects. Any ocean carrier that is engaged in maritime trade with the US has to follow the regulations of the Ocean Shipping Reform Act of 1998 (OSRA). This law specifies the information that has to be public to everybody under means of unrestricted price formation. For this reason the Essential Terms are open to the public.
At this Online Business service you can view a list of Essential Terms and its detailed information according to your search criteria.
The details of the selected Service Contract will be displayed beneath the result table. Here you find the Origin and Destination countries as well as information on the commodities.
You can search for Essential Terms by entering several combination of search criteria:
This field is filled in by default with the current date. It is a mandatory entry. You can enter your desired Date here as well.
You can optionally enter a contract number or select both origin and destination country.
Choose both origin and destination country. If you leave the contract number empty, you need to select the origin and the destination country.
Here you find the service contracts according to your search criteria. If more than one contract exist, a list will be displayed.