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CMA CGM levies US$200/TEU Asia-E Africa rate hike June 15

FRENCH shipping giant CMA CGM is to implement a rate restoration programme mid-June on its Asia to East Africa trade

04 June 2020 - 19:06

FRENCH shipping giant CMA CGM is to implement a rate restoration programme mid-June on its Asia to East Africa trade.

Effective June 15, (B/L date), the general rate restoration (GRR) for all types of cargo (dry, reefer, OOG and breakbulk) transported from Asia including China, Taiwan, South Korea, South East Asia, East Coast of India, Bangladesh & Sri Lanka (Japan excluded) to all ports in Kenya, Tanzania and Mozambique will be US$200 per TEU.


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