5.6 C
Hamburg
Friday, March 29, 2024
Home Rates & Surcharges 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

Asia container exports to US surge in February

In February, container exports from 18 Asian countries and regions to the United States experienced a significant rebound compared to the previous year. According to...

Puerto Rico Ports Authority announces significant investment in terminal development

Puerto Rico governor Pedro R. Pierluisi, alongside officials from the Department of Housing and the Puerto Rico Ports Authority (PRPA), visited Trailer Bridge’s Army...

ABS boss foresees implementation of global carbon tax on shipping

ABS Chairman and CEO Christopher J. Wiernicki conveyed the imminent implementation of a universal, global carbon tax on shipping, highlighting the emergence of alternative...

One Equity Partners takes over Acteon Group

One Equity Partners (OEP), a middle market private equity firm, has acquired Acteon Group, a global marine energy and infrastructure solutions company. The financial terms...

Aponte’s MSC to acquire Italian newspaper group

Swiss/Italian shipping group MSC seems to be interested in buying Genoese newspaper group Secolo XIX, following the steps of its French competitor CMA CGM...