CMA CGM announces Rate Restoration on Asia - Europe Trade (westbound)

From Asia to Europe Westbound (Europe/Mediterranean/Black Sea/North Africa trades)

The prevailing container freight rates from Asia to Europe Westbound still remaining at an un-sustainable level, CMA CGM hereby informs its valued customers of the implementation of a General Rate Increase (GRI) of USD 650 / TEU effective from March 15th, 2013.

The Rate Restoration will be applied as follows:

  • Origin Range: from All Asian ports (including Japan, South East Asia and Bangladesh)
  • Destination range: to all Northern European ports (including UK and the full range from Portugal to Russia), to West Med, Adriatic, East Med, Black Sea and North Africa.
  • Cargo: Dry cargo, OOG's, Paying empties, Break-bulk and Reefer cargo
  • Date of application: March 15th, 2013, on board date