MARSEILLES shipping giant CMA CGM has increased its rate on shipments between ports from India to West Africa at US$150 per TEU from May 1.
Danish giant Maersk Line will follow suit with an increase in mid-May at $100/TEU and $150/TEU continuing on from rate increases on these routes levied at the beginning of April.
Said a Maersk India statement: "While we are continuously endeavouring toward serving customers to the best of our capabilities, current rates are proving to be difficult to sustain, especially in the prevailing market scenario."
WORLD SHIPPING
02 May 2012 - 22:02
CMA CGM and Maersk raise rates on India-West Africa route this month
MARSEILLES shipping giant CMA CGM has increased its rate on shipments between ports from India to West Africa at US$150 per TEU from May 1.
WORLD SHIPPING
02 May 2012 - 22:02
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