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CMA CGM levies US$200/TEU Asia-Red Sea rate hike May 5
FRENCH shipping giant CMA CGM has announced an Asia to Red Sea rate increase of US$200 per TEU from May 5.
Termed a rate restoration, the increase covers Asian ports excluding Japan to the ports of Jeddah (Saudi Arabia), Ain Sokhna (Egypt), Aqaba (Jordan), Djibouti, Port Sudan (Sudan), Aden and Hodeidah (Yemen).
Termed a rate restoration, the increase covers Asian ports excluding Japan to the ports of Jeddah (Saudi Arabia), Ain Sokhna (Egypt), Aqaba (Jordan), Djibouti, Port Sudan (Sudan), Aden and Hodeidah (Yemen).
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