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            may 24, 2019

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CMA CGM rate hikes March 15 from Canada WC and for Asia-Europe


French shipping giant CMA CGM will raise rates March 15 from Canada's west coast to the world, and from Asia to North Europe until further notice but not beyond March 31, according to Shipping Gazette.
In the Asia-Europe case these new FAK rates will apply to all Asian ports including Japan, Southeast Asia and Bangladesh to all Northern European ports including the UK and the full range from Portugal to Finland/Estonia.
Thus new Asia-Europe FAK rates will be US$950 per TEU, $1,700 per FEU, $1,750 per FEU high cube and$1,750 per FEU reefer.
A general rate increase of US$100 per container from Canada's west coast from Vancouver and Prince Rupert and all points in Canada to destinations except Africa and EU countries.
Again this will apply from March 15 until further notice, but not beyond March 31.

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