CMA CGM hikes rates from Asia to Mediterranean and Black Sea
FRENCH shipping giant CMA CGM has posted new freight all kinds (FAK) rates from Asia to the Mediterranean and North Africa effective December 15 from port of loading until further notice but not beyond December 31. The new rates will be to Algeria US$1,900 per TEU, $3,600 per FEU and $3,675 per FEU high cube. To Tunisia rates will be $1,800 per TEU, $3,400 per FEU and $3,475 per FEU high cube. To Libya rates will be $1,650 per TEU, $3,100 per FEU and $3,175 per FEU high cube. To Morocco rates will be $1,500 per TEU, $2,800 per FEU and $2,875 per FEU high cube. From Asia to the west Med, rates will be $1,050 per TEU, $1,900 per FEU, $1,950 per FEU high cube and $1,950 per reefer FEU. To the Adriatic, rates will be $1,050 per TEU, $1,900 per FEU, $1,950 per FEU high cube and $1,950 per reefer FEU. To the Black Sea, rates will be $1,200 per TEU, $1,950 per FEU, $1,950 per FEU high cube and $1,950 per reefer FEU. To the east Med, rates will be $1,200 per TEU, $1,950 per FEU, $1,950 per FEU high cube and $1,950 per reefer FEU. To Syria, rates will be $1,200 per TEU, $1,950 per FEU, $1,950 per FEU high cube and $1,950 per reefer FEU.