FRENCH shipping giant CMA CGM will levy a US$500 per TEU rate increase on all cargo from China and the Far East to South Africa and Port Louis, Mauritius from September 1.
The company will also apply a $300 per TEU increase on cargo from China and the Far East and southeast Asia to Mozambique and Tamatave, Madagascar.
The increase, that applies to all cargo including dry, reefer, OOG and breakbulk, was said to be part of a rate restoration programme.
Source: SchednetPrevious Next
In Conversation With Mr Ajay Reshamwala, Managing Director, Reshamwala Shipbrokers
India Tanker Shipping Trade Summit 2018