CMA CGM and Hapag-Lloyd revise Asia rates

CMA CGM and Hapag-Lloyd have announced new charges from Asian ports to various destinations worldwide, effective from 1 April, following similar increases in North Europe and Mediterranean prices.

CMA CGM will apply an increase of US$200/20′ and US$400/40′ from all Far East Asia ports to Pakistan, India West Coast, India East Coast and Sri Lanka for dry, out of gauge (OOG), breakbulk and reefer cargo.

In addition, the French shipping group will implement the following freight of all kinds (FAK) rates from Pakistan to North Europe, North Africa and the Mediterranean.

CMA CGM will also add a peak season surcharge (PSS) of US$1,000 for dry cargo, special equipment, notice of readiness (NOR) cargo and shipper-owned containers (SOCs) from Pakistan to all North European ports (including Scandinavia and Poland), East and West Mediterranean, Adriatic, North Africa and Morocco.

In addition, the carrier will introduce another PSS of US$600/20′ and US$1,200/40′ from the Middle East Gulf to North Europe, Scandinavia, Poland, Adriatic, North Africa, Morocco and the Mediterranean for dry, special equipment, NOR and SOC’s.

CMA CGM has also announced a PSS of US$150/TEU for dry boxes from North East Asia, South East Asia, China, Hong Kong & Macau special administrative regions (SAR) to the Port of Douala in Cameroon.

Moreover, Hapag-Lloyd has published increased ocean tariff rates for all cargoes for 20’ and 40’ general ourpose containers, including high cube boxes from Turkey and Italy to East Asia.

Last but not least, CMA CGM will also apply new FAK rates from the Mediterranean, Adriatic, North Africa and Black Sea to the Indian Subcontinent for dry and special equipment in gauge.