CMA-CGM hikes all-Asia-Red Sea rate US$200/TEU from December 15
FRENCH shipping giant CMA CGM has announced a US$200 per TEU rate increase from all Asian ports from Japan to south east Asia and Bangladesh to the Red Sea from December 15.
Red Sea ports included in the rate restoration are Jeddah in Saudi Arabia, Ain Sokhna in Egypt, Aqaba in Jordan, Djibouti, Port Sudan in Sudan and Aden and Hodeida in Yemen.