August 28, 2020: CMA CGM has announced an increase in its rates from Asia to Red Sea Ports, Pakistan, India West Coast, India East Coast and Sri Lanka, effective from September.
Origin Range: From all Far East Asia ports
Destination Range: To Pakistan, India West Coast, India East Coast & Sri Lanka
Cargo: Dry, OOG, Breakbulk & Reefer cargo
Amounts: + US$300/20′ | + US$500/40′
Effective date: 1 September 2020
Origin Range: From all Asian ports
Destination Range: To Red Sea ports
Cargo: Dry, OOG, Breakbulk & Reefer cargo
Amount: +US$200 per TEU
Effective date: 1 September 2020
Origin Range: From all Asian ports
Destination Range: To Red Sea ports
Cargo: Dry, OOG, Breakbulk & Reefer cargo
Amount: +US$200 per TEU
Effective date: 15 September
In addition, Hapag-Lloyd will implement the following general rate increase (GRI) on the eastbound trade from East Asia to all US and Canadian destinations as of 1 October (date of cargo receipt at origin).
This GRI will apply for all dry, reefer, non-operating reefer, tank, flat rack and open-top containers as follows:
East Asia to North America (US and Canada)
US$960 for all 20′ container types
US$1200 for all 40′ container types
East Asia is defined as being the countries/districts of Japan, Republic of Korea, China/Taiwan, China/Hong Kong, China (PRC), China/Macau, Vietnam, Laos, Cambodia, Thailand, Myanmar, Malaysia, Singapore, Brunei, Indonesia, Republic of the Philippines and Russian Pacific Coast Provinces
Source: Container News
