CMA CGM hikes rates US$250/TEU, adds various surcharges from August 1

Time:2011-07-21 Browse:48 Author:RISINGSUN

MARSEILLES-based CMA CGM recently announced it will increase rates US$250 per TEU on Asia-Mediterranean services from August 1 for cargo from Japan, Korea, Taiwan, China, Hong Kong and southeast Asia to the Mediterranean including Adriatic, Black Sea, north Africa, east and west Med ports.

The French carrier will also impose various surcharges at the same time. For Asia-North Europe trades, a peak season surcharge of $250 per TEU will be levied on cargo from Japan, southeast Asia, Sri Lanka and Bangladesh to north Europe including from Portugal to Russia into the Baltic.


A peak season surcharge of $25 per TEU will be implemented from August 1 for cargo from Asia to Adriatic, Black Sea, north Africa and to the east and west Mediterranean.


CMA CGM has also decided to levy an overweight surcharge (OWS) for cargo from Asia to Black Sea, east and west Mediterranean from August 1: $200 per TEU over 20 tons gross weight and $275 per TEU over 26 tons gross weight. For Asia to Adriatic and west Mediterranean services, the OWS is $50 per TEU over 20 tons gross weight.