CMA CGM has announced increased freight of all kinds (FAK) rates of US$1,025 per 20’, US$1,175 per 40’ and US$1,175 per 40’ high cube containers from all North Europe-based ports to North West India and Pakistan for dry cargo, effective from 1 September until further notice but not beyond 30 September.
In addition, the Marseille-based carrier will apply the following FAK rates, effective from 3 September:
The third-largest container shipping company has also implemented an overweight surcharge of US$200 per 20' dry with gross weight exceeding 15tonnes, applicable from 1 September until further notice on EPIC 1 and EPIC 2 services to Port Qasim in Pakistan and inland points via said port.
Furthermore, due to the recent 19-day strike at Bejaia port in Algeria which ended in the previous week, the port is undergoing severe congestion between seven-10 days on the current vessel berthing sequences with increased laden cargo lead-time, empty equipment re-loading/repositioning frequency affected and increased operating costs.
CMA CGM will, as a result, be implementing a port congestion surcharge of US$100/€85 per TEU to Bejaja port, effective from today, 24 August for all the shipments, except those from the US. The surcharge for US-origin shipments will be effective from 18 September.
Any revision in the amount of this surcharge related to the evolution of the local situation will be communicated with a 10-day notice period, said the company.
Moreover, Hapag-Lloyd has announced an increase in its rates for all dry cargoes from Brazil to East Asia with effect from 1 October 1 as follows:
- US$100 per 20' dry container to East Asia
- US$100 per 40' dry container to East Asia