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            november 22, 2019

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CMA CGM hikes Asia-North Europe rate to $1,150/TEU from August 1


French shipping giant CMA CGM will raise Asia-North Europe Freight All Kinds (FAK) rates from August 1 to US$1,150 per TEU, $2,200 per FEU, $2,250 for high cubed and reefer FEU.
These rates will apply from date of implementation until further notice but not beyond August 14, said the announcement. They will also apply from 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, and on all dry cargo, OOG, paying empties and reefer cargo.

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