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CMA CGM to hike China-Mideast rate US$200 twice in July

FRENCH shipping giant CMA CGM has announced US$200 per TEU increase from July 1 and another $200 per TEU applied from July 14 from all China ports to Middle East Gulf ports

18 June 2020 - 19:06

FRENCH shipping giant CMA CGM has announced US$200 per TEU increase from July 1 and another $200 per TEU applied from July 14 from all China ports to Middle East Gulf ports.

Called a rate restoration, the increase will apply to dry cargo, as well as out of gauge cargo, breakbulk and reefer boxes.


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