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CMA CGM hikes Asia-Red Sea rate US$200/TEU from May 1

FRENCH shipping giant CMA CGM has announced an Asia to Red Sea rate increase of US$200 per TEU effective May 1

CMA CGM hikes Asia-Red Sea rate US$200/TEU from May 1

FRENCH shipping giant CMA CGM has announced an Asia to Red Sea rate increase of US$200 per TEU effective May 1

23 April 2019 - 19:00

FRENCH shipping giant CMA CGM has announced an Asia to Red Sea rate increase of US$200 per TEU effective May 1.

This will apply to all dry, OOG, breakbulk and reefer cargo from all Asian ports to Red Sea ports, that is Jeddah and Sokhna.



Corresponding FAK rates level will be settled follows: As of May 1, under CMA CGM FAK Tariff Guide Lines (excluding THC both ends) at $1,000 per TEU and $1,700 per FEU.


WORLD SHIPPING

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