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CMA CGM ups Asia-Pakistan/Sri Lanka rate US$100/TEU May 1, May 15

FRENCH shipping giant CMA CGM has announced a double rate increase from Asia to Pakistan, the Indian west coast and Sri Lanka coming in increments of US$100 per TEU on May 1 and another $100 on May 15.

The Marseilles based shipping line refers to the increases as part of a "rate restoration programme".
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