CMA CGM announces new Asia rates

CMA CGM and Hapag-Lloyd have announced new rates from June and July out Asia to the Middle East, Indian Subcontinent and Europe.

CMA CGM has announced its Rate Restoration Programme for March 2020 as follows:

Effective from 22 March 2020 (B/L date):

  • Origin Range: All Asian ports
  • Destination Range: Red Sea ports
  • Cargo: Dry, OOG, Breakbulk & Reefer cargo
  • Amount: US$200 per TEU

In addition, the French shipping carrier has announced the following General Rate Restoration.

Effective April 1st, 2020 (B/L date):

  • Origin Range: India (West Coast & East Coast) and the United Arab Emirates
  • Destination Range: West Africa (all ports)
  • Cargo : dry, OOG and breakbulk (Reefer not included)
  • Quantum: US$150 per TEU