CMA CGM levies new Asia-Red Sea charges for Aug, Sept
FRENCH shipping giant CMA CGM will be raising rates US$300 per TEU on August 15 on cargo from Asia to Red Sea as well as other charges into September.
The mid-August increase will apply to cargo from all Asian ports (excluding Japan) to Jeddah (Saudi Arabia), Ain Sokhna (Egypt), Aqaba (Jordan), Djibouti, Port Sudan (Sudan), Aden and Hodeidah (Yemen).
CMA CGM also announced a new terminal handling charge (THC) in Dakar, Senegal from September 15.
The THC will be applicable in addition to the ocean freight for import and export cargo and payable at Dakar as follows for all container types at a rate of EUR140 (US$155) per TEU and EUR170 per FEU.
"Considering the challenging market environment with significant operational cost in Senegal, CMA CGM announced the implementation of a Terminal Handling Charge (THC) in Dakar," said the company statement.
And from August 7, CMA CGM announced the CIMEX Lines rate increase to be implemented in August in three steps:
Starting August 7 from all Asian ports to all Middle East Gulf ports it will be $100 per TEU.
Then starting August 15, from all Asian ports to all Middle East Gulf ports there will be a charge of $250 per TEU and again on August 22 there will be a $100 per TEU charge levied.
Then on September on the CIMEX 2 Lines (CIMEX 2N/2C/2S/2K) there will be a $100 per TEU charge levied on cargo from all Asian port to Pakistan, India west coast and Sri Lanka.
FRENCH shipping giant CMA CGM will be raising rates US$300 per TEU on August 15 on cargo from Asia to Red Sea as well as other charges into September.
The mid-August increase will apply to cargo from all Asian ports (excluding Japan) to Jeddah (Saudi Arabia), Ain Sokhna (Egypt), Aqaba (Jordan), Djibouti, Port Sudan (Sudan), Aden and Hodeidah (Yemen).
CMA CGM also announced a new terminal handling charge (THC) in Dakar, Senegal from September 15.
The THC will be applicable in addition to the ocean freight for import and export cargo and payable at Dakar as follows for all container types at a rate of EUR140 (US$155) per TEU and EUR170 per FEU.
"Considering the challenging market environment with significant operational cost in Senegal, CMA CGM announced the implementation of a Terminal Handling Charge (THC) in Dakar," said the company statement.
And from August 7, CMA CGM announced the CIMEX Lines rate increase to be implemented in August in three steps:
Starting August 7 from all Asian ports to all Middle East Gulf ports it will be $100 per TEU.
Then starting August 15, from all Asian ports to all Middle East Gulf ports there will be a charge of $250 per TEU and again on August 22 there will be a $100 per TEU charge levied.
Then on September on the CIMEX 2 Lines (CIMEX 2N/2C/2S/2K) there will be a $100 per TEU charge levied on cargo from all Asian port to Pakistan, India west coast and Sri Lanka.