28-12-2017

CMA CGM announces January rate hikes from last Asia to Red Sea

FRENCH shipping giant CMA CGM has announced a US$300 per TEU rate increase for cargo from Asia to Red Sea from January 1 along with many more intra-Asia increases.

Thus, charges will be levied on cargo from all Asian and Indian east coast ports bound for Jeddah (Saudi Arabia), Ain Sokhna (Egypt), Aqaba (Jordan), Djibouti, Port Sudan (Sudan), Berbera (Somalia) and Massawa (Eritrea).

CMA CGM also announced a rate restoration programme from January 1 in three steps.

New charges on all container cargo from all Asian ports to Middle East Gulf ports will be charged $100 per TEU on top of rates that were valid on December 22.

Effective January 15 that rate will again rise $100 per TEU.

From January 1, rates will be $400 per TEU and $600 per FEU from all China and South Korea base ports to Jebel Ali.

From January 8, rate will be $500 per cent TEU and $800 per FEU from all China and South Korea base ports to Jebel Ali.

CMA CGM also announced that effective January 1, cargo from all Asian ports to Pakistan, India west coast, India east coast, Sri Lanka will increase $100 per container.

At the same time, cargo from all Asian ports to Pakistan, India west coast, India east coast and Sri Lanka will be charged $100 extra per container.

From January 1, the company's freight all kinds tariff guidelines, (excluding THC both ends) will be $500 per container from China base ports to India (Nhava Sheva, Mundra, Pipavav) and Pakistan (Port Qasim, Karachi).

From January 8, the company's FAK tariff guidelines (excluding THC both ends) are $600 per container from China base ports to India (Nhava Sheva, Mundra, Pipavav) and Pakistan (Port Qasim, Karachi).

Source: Schednet

Previous Next
 

We Have Increased & Enhanced Our Global Presence: Mr. Suresh Sinha, MD, IRClass

View More Videos


Gallery

DRYCON 2018

View All Albums