8.1 C
Hamburg
Thursday, May 28, 2020
Home Freight News CMA CGM's Rate Restoration Program

CMA CGM’s Rate Restoration Program

CMA CGM informs its customers of its Rate Restoration Program for October / November 2018 as follows:

Effective October 22nd, 2018 (B/L date):

Origin Range: From all Asian ports

Destination Range: To Middle East Gulf ports

Cargo: Dry, OOG, Breakbulk & Reefer cargo

USD 200 per TEU

Quantum to be applied on top of rates valid up to October 21st, 2018

Effective November 1st, 2018 (B/L date):

Origin Range: From all Asian ports

Destination Range: To Middle East Gulf ports

Cargo: Dry, OOG, Breakbulk & Reefer cargo

USD 100 per TEU

 

Corresponding FAK rates level will be settled as follows:

 

As from October 22nd, 2018, our FAK Tariff Guide Lines (excl. THC both ends) are:

USD 500/20’ – USD 800/40’ from all China and South Korea base ports to Jebel Ali

 

As from November 1st, 2018, our FAK Tariff Guide Lines (excl. THC both ends) are:

USD 600/20’ – USD 1000/40’ from all China and South Korea base ports to Jebel Ali

- Advertisment - LR Sustainability Decarbonisation Digital Adverts

Latest Posts

ZIM enjoys stronger Q1 results amid the global pandemic

Despite the impact of the Covid-19 crisis on the shipping industry, ZIM has achieved a significant improvement in its first-quarter performance, compared to the...

Beijing throws its weight behind VGM regulations

China’s Ministry of Transport has issued a directive that effective 1 June 2020, no overweight containers can be loaded on ships in the country’s...

Updated: Maersk to build methanol powered vessel

Maersk Line will build a container vessel powered on sustainable methanol as part of the proof of concept for the US$4.4 billion green fuels...

Costamare ship sale will herald new era in boxship demolition

A steep decline in demand as a consequence of the Covid-19 crisis and the faltering charter market has sparked an interest in the scrapping...

PIL confirms Temasek bailout discussions

Beleaguered Singaporean liner operator Pacific International Lines confirmed on 26 May 2020 that a unit of the Singapore government’s investment agency, Temasek Holdings, may...