11.7 C
Hamburg
Thursday, October 29, 2020
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 -Port Montreal advertisment
- Advertisment - LR Sustainability Decarbonisation Digital Adverts

Latest Posts

Bearish signs overwhelm fuel market

The global fuel market continues to focus on the important issues of rising US inventories, increased oil supply from Libya, and the second Covid-19...

Costamare proceeds with its fleet renewal

Costamare has unveiled the acquisition of three containerships and the sale of another two, continuing its fleet renewal, according to the company's third-quarter financial...

Greek authorities charge Maersk Launceston captain

The Piraeus prosecutor's office has requested the arrest of the master of the Maersk Launceston for causing shipwreck by negligence and for violations of...

Equipment imbalance puts a lid on Brazilian coffee exports

Brazilian coffee producers experiencing a bumper harvest have been struggling to get their beans to market due to the severe equipment imbalance being felt...

Contship Italia announces major investment plans

Terminal operator Eurokai and its subsidiary Contship Italia will expand their Mediterranean operations with major investments in terminal handling capacity and intermodal operations in...

We have introduced a voluntary registration system which will help us to understand our customers better and offer them an improved service.

From 1 January, 2021 registration will be required but news content access will remain free of charge.