CMA CGM increases Asia-Mediterranean rates from October 15

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FRENCH shipping giant CMA CGM will increase freight rates on cargo from Asian to Mediterranean ports effective October 15, but these rates may change on October 31.

Specifically, rates to Wed Med ports will go to US$900 per TEU, $1,600 per FEU, $1,650 per FEU high cube and $1,650 per FEU reefer.

Rates to Adriatic ports will go to $900 per TEU, $1,700 per FEU, $1,750 per FEU high cube and $1,750 per FEU reefer.

Rates to Black Sea ports will go to $1,150 per TEU, $1,900 per FEU, $1,900 per FEU high cube and $1,900 per FEU reefer.

Rates to East Med ports, excluding Syria, will go to $1,100 per TEU, $1,800 per FEU, $1,800 per FEU high cube and $1,800 per FEU reefer.

Rates to Syrian ports will go to $1,100 per TEU, $1,800 per FEU, $1,800 per FEU high cube and $1,800 per FEU reefer.

Rates to Algerian ports will go to $1,900 per TEU, $3,600 per FEU and $3,675 per FEU high cube.

Rates to Tunisian ports will go to $1,850 per TEU, $3,400 per FEU and $3,457 per FEU high cube.

Rates to Libyan ports will go to $1,850 per TEU, $3,500 per FEU and $3,575 per FEU high cube.

Rates to Moroccan ports will go to $1,350 per TEU, $2,500 per FEU and $2,550 per FEU high cube.

Source: Schednet

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