CMA CGM raises Asia to Europe rates

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CMA CGM has announced its intention to raise rates on the Asia to Europe trades from the 1 October.

Freight of all kinds (FAK) will be reviewed on or before the 14 October, said the line. The new rates are as follows:

• Origin Range: From all Asian ports, including Japan, Southeast Asia and Bangladesh.
• Destination Range: To all Northern European ports, including UK and the full range from Portugal to Finland/Estonia.
• Cargo: Dry cargo, out of gauge cargo, paying empties and reefer cargo.

In addition the carrier has extended its peak season surcharge of US$150/TEU, from the 1 October, until 31 October.

The surcharge will apply to cargo from all the same Asian ports as the FAK rates to the full range of European ports, said the carrier.

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