5.6 C
Friday, January 22, 2021
Home Freight News CMA CGM raises Asia to Europe rates

CMA CGM raises Asia to Europe rates

CMA CGM has announced its intention to raise rates on the Asia to Europe trades from the 1 October.

Freight of all kinds (FAK) will be reviewed on or before the 14 October, said the line. The new rates are as follows:

  • Origin Range: From all Asian ports, including Japan, Southeast Asia and Bangladesh.
  • Destination Range: To all Northern European ports, including UK and the full range from Portugal to Finland/Estonia.
  • Cargo: Dry cargo, out of gauge cargo, paying empties and reefer cargo.

In addition the carrier has extended its peak season surcharge of US$150/TEU, from the 1 October, until 31 October.

The surcharge will apply to cargo from all the same Asian ports as the FAK rates to the full range of European ports, said the carrier.

- Advertisment - LR Sustainability Decarbonisation Digital Adverts

Latest Posts

MSC vessel is the latest to foil W. Africa pirate attack

MSC Elsa 3 became the latest vessel in a spate of attacks in the West Africa region. The ship was approached by a fast-moving...

Russian container market responds effectively to pandemic

The Russian container market has remained broadly flat in 2020, despite the global and local impact of the Covid-19 crisis, according to Global Ports...

Maersk Essen diverts to Mexican terminal

Maersk Line has confirmed that the stricken vessel, the 13,100TEU Maersk Essen, which lost around 750 containers in a Pacific storm on 16 January,...

HMM adds capacity to North Europe trade

South Korean liner operator HMM will launch an extra loader service from Busan to North Europe and is considering a similar move for its...

Port of Houston gains federal funds for ship channel expansion

The Port of Houston has received notification from the United States Army Corps of Engineers (USACE) that it was awarded a “new start” designation...