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CMA up Asia-to-Pakistan, India, Sri Lanka rate US$100 this month and next

Time：2015-12-11 Browse：68 Author：RISINGSUN

FRENCH shipping giant CMA CGM has announced and Asia-to-Pakistan, West India, Sri Lanka rate increase of US$50 per unit on December 15 and another $50 per unit January 7.

This come after the Marseilles-based shipping line levied US$1,200 in three rate hikes this month and next.

First there was a US$100 per TEU rate increase for all cargo from Asian ports to all Middle East Gulf ports to take into effect December 15.

The second step will come with a rate increase effective from January 7 for all cargo from Asian ports to all Middle East Gulf ports of $150 per TEU.

And this came after a December 4 announcement of a $950 per TEU rate increase for cargo from Asia to north Europe will go into effect December 14.