26.9 C
Monday, July 26, 2021
Home Freight News CMA CGM applies congestion surcharge in Oakland

CMA CGM applies congestion surcharge in Oakland

French container carrier, CMA CGM has announced a port congestion surcharge of US$250 per TEU for all types of cargo from Latin America to the Port of Oakland in the United States.

CMA CGM's surcharge will take effect on 17 July (date of loading in the origin ports) from West Coast Central America & Mexico West Coast, East Coast Central America & the Caribbean, West Coast South America, East Coast South America, Leeward, Windward, French Guiana and French West Indies to Oakland.

The major Californian port has faced congestion challenges in the latest weeks, caused by the Covid-19 issue in the Yantian port, while the port has also reported record cargo volumes in the last months. Port of Oakland has handled an all-time record of 1.08 million containers from January through May, while it expects annual volume to surpass 2.6 million boxes for the first time ever in 2021.

“We're in unchartered waters; record cargo volume coming through US West Coast ports and a pandemic issue at a port in China are creating vessel congestion in both regions," commented Bryan Brandes, Port of Oakland Maritime Director.

Latest Posts

Acceleration in port capacity investment insufficient to support cargo demand growth

Surging container shipping cargo demand in the wake of the pandemic has resulted in a significant improvement in the global terminal capacity outlook, but...

DCT Gdańsk to boost container capacity by 1.5 million TEU

The tender committee of the Port of Gdańsk Authority has announced that the lease for a new port area has been awarded to DCT...

Hapag-Lloyd increases prices to Australia

Hapag Lloyd has announced new rates for Australian destinations that will take effect in the next months. Firstly, the German carrier will implement a peak...

IPCSA joins Private Sector Consultative Group of WCO

The International Port Community Systems Association (IPCSA), which specialises in global trade facilitation, is the new member of World Customs Organization’s influential Private Sector...

Chittagong port yards face severe box congestions in lockdown

The ongoing lockdown in Bangladesh has started taking a toll on the shipping sector, especially on port yards, creating severe congestion as importers are...