Shippers importing goods from South East Asia into Nigeria and other West African countries will face higher freight costs as carriers impose new surcharges, reported Lagos Guardian.

CMA CGM announced a peak season surcharge of US$500 per TEU on cargo from South East Asia to West Africa, effective this week. The surcharge applies to both dry and reefer cargo under short-term contracts and will remain until further notice.

The company stated that the surcharge is separate from basic freight rates and other charges such as bunker surcharges, Terminal Handling Charges at origin and destination, and safety and security fees. Contingency and local charges may also be levied.

CMA CGM indicated that the measure is aimed at maintaining reliable services amid seasonal demand pressures and market fluctuations. The announcement comes as carriers globally adjust freight rates in response to rising operational costs and disruptions linked to the Middle East crisis.

Drewry noted that container freight rates surged in early June as an earlier-than-usual peak season, carrier surcharges, and limited vessel availability pushed FEU prices sharply higher.

The consultancy expects rates to continue rising across Asia-Europe and Transpacific routes. It warned that higher landed costs and additional surcharges will complicate inventory planning for importers relying on fast replenishment cycles.