FRENCH shipping giant CMA CGM has announced Freight All Kinds (FAK) rate increases on cargo from Asia to northern Europe and the Mediterranean from May 1.
From Asia to northern Europe, rates will go up US$1,050 per TEU, $2,000 per FEU, $2,050 per FEU high cube and FEU reefer.
From Asia to the western Mediterranean, rates will go up $1,100 per TEU, $2,100 per FEU, $2,150 per FEU high cube and FEU reefer.
From Asia to Adriatic ports, rates will go up US$1,100 per TEU, $2,100 per FEU, $2,150 per FEU high cube and FEU reefer.
From Asia to Black Sea ports, rates will go up US$1,300 per TEU, $2,500 per FEU, $2,500 per FEU high cube and FEU reefer.
From Asia to eastern Med ports, rates will go up US$1,300 per TEU, $2,500 per FEU, $2,500 per FEU high cube and FEU reefer.
From Asia to Syrian ports rates will go up EUR1,300 (US$1,393) per TEU, EUR2,500 per FEU, EUR2,500 per FEU high cube and FEU reefer.