CMA CGM unveils new prices from Asia

French line CMA CGM cuts rates, while Germans, Hapag-Lloyd, add GRI.

CMA CGM announces several fresh prices on January 16. According to announcements, the French shipping company will apply General Rate Restoration from Asia to West Africa and new FAK rates from India and Sri Lanka to North Europe and the Mediterranean.

  • GRR from Asia to West Africa – Effective February 17th, 2020 (B/L date):

From China, South Korea and Taiwan

To West Africa all ports

Quantum: USD 500 per 20′ | USD 1,000 per 40′

All cargo dry, reefer, OOG and breakbulk

From Southeast Asia and East Coast of India

To West Africa all ports

Quantum: USD 500 per 20′ | USD 500 per 40′

All cargo dry, reefer, OOG and breakbulk

  • FAK Rates – From India and Sri Lanka to North Europe and the Mediterranean

FAK

These new FAK rates will apply as follows:

  • Origin Range: From India & Sri Lanka base ports (offered in direct on CMA CGM services)
  • Destination Range: To all North European, Mediterranean & Jeddah base ports (offered in direct on CMA CGM services)
  • Date of application: From February 3rd, 2020 (date of loading in the origin ports) until further notice (from January 31st, 2020, ICD handover date)




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