CMA CGM hikes Europe-Asia/Oz rate US$150/FEU November 1

CMA CGM has announced rate of US$75 per TEU and $150 per FEU on cargo from Europe, Mediterranean trades to and from the Far East and Indian sub-continent from November 1.

Rates of Europe-Med to Far East cargo including Japan and Australia, Indian sub-continent and Middle East eastbound will increase US$150 per container on November 1.

For all cargo moving westbound from Asia to North Europe, UK, the Baltic, West Med, East Med, Adriatic and Black Sea, increases will be US$200 per TEU, effective November 1 and another $200 per TEU, effective December 15.

(Source: www.schednet.com)