CMA CGM increases Asia-Europe rate US$950/TEU from August 1

Time:2015-07-10 Browse:57 Author:RISINGSUN
FRENCH shipping giant CMA CGM will levy an Asia-Europe rate increase of US$950 per TEU from August 1.

Part of the increase applies from all Asian ports including Japan, southeast Asia and Bangladesh to all Northern European ports, including UK and the full range from Portugal to Russia. 

The second applies from all Asian ports to Mediterranean trades, including west Med, east Med, Adriatic, Black Sea and North Africa ?with the one exception being Syria, where the increase will be EUR850 (US941.6) per TEU.

Rates on many other trades have increased as well, with Shanghai to Australia and New Zealand up 50 per cent to $428 per TEU.