India Imports - Change of Charge code from IAD to ADD for Change of Payment Terms

Please be informed that Hapag-Lloyd had introduced the IAD Charge – Change of Freight Payment terms for Imports into India effective January 1, 2021.

The implementation of this surcharge is delayed and will be now be applicable under the surcharge code ADD effective April 5, 2021 for US Trade and effective March 8, 2021 for all other trades and valid until further notice.

ADD Surcharge (Change of Payment Terms) – Introduction of new surcharge mainly for change of Freight Payment terms.