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CMA CGM announces US$300/TEU rate increase from Asia to Red Sea ports

Time：2016-07-22 Browse：100 Author：RISINGSUN
FRENCH shipping giant CMA CGM has announced a US$300 per TEU rate increase from Asia to Red Sea ports from August 1.

Termed a Rate Restoration Programme, it will apply to all Asian ports (excluding Japan) on cargo bound for Jeddah (Saudi Arabia), Ain Sokhna (Egypt), Aqaba (Jordan), Djibouti, Port Sudan (Sudan), Aden and Hodeidah (Yemen).