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            september 23, 2018

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Indiaexportnews.com

CMA CGM reacts to Lisbon port congestion by demanding emergency fee

  14.09.2018    

French shipping giant CMA CGM has announced that it is introducing an emergency port congestion surcharge (PCS) on all export cargo from Lisbon, Portugal to West Africa, with effect from September 21 (bill of lading date).
The company said the move comes in response to port congestion at Lisbon, which is "currently increasing our operational costs and generating service disruption on EURAF 5, our product from Portugal to West Africa strategic markets".
The surcharge is EUR140 (US$162) per TEU, which is to be paid in addition to the ocean freight rate. The surcharge will be applied to all dry, reefer, out of gauge (OOG) and breakbulk cargo, reported the American Journal of Transportation.



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