CMA CGM hikes rates to and from north Europe, China and the Far East

FRENCH shipping giant CMA CGM Freight All Kinds (FAK) rates from Asia to North Europe will increase on April 1 to US$900 per TEU, $1,700 per FEU, $1,750 per FEU high cube and $1,750 per reefer FEU.

These rates will apply on cargo from all Asian ports, including Japan, southeast Asia and Bangladesh to all northern European ports including the UK and those from Portugal to Estonia.

They will apply to dry cargo, OOG, paying empties, breakbulk and reefer.

Going the other way from north Europe to Asia CMA CGM rate increases will also apply from April 1 until further notice but not beyond April 30, at $850 per TEU, $1,200 per FEU and same for an FEU high cube.

These new rates will apply on cargo from all north European base ports and on direct CMA CGM services to China north and south Asian ports.

These rates include the basic freight, the bunker surcharges applicable during the month of March, the Aden Gulf surcharge, the Suez canal surcharge and the OTHC (average lump sum). 

They are subject to the destination THC, the peak season charges and similar charges, the safety and security-related surcharges and the low sulphur surcharges which are accessible at http://www.cma-cgm.com/ebusiness/tariffs/charge-finder.