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CMA CGM increases Asia-Red Sea rate by US$500/TEU from September 8
FRENCH shipping giant CMA CGM will levy a US$500 per TEU rate increase on all Asian cargo - except on shipments from Japan - to Red Sea ports starting September 8.
The increase, which the company describes as part of a Rate Restoration Programme, will cover the ports of Jeddah (Saudi Arabia), Ain Sokhna (Egypt), Aqaba (Jordan), Djibouti, Port Sudan (Sudan), Aden and Hodeidah (Yemen).
The increase, which the company describes as part of a Rate Restoration Programme, will cover the ports of Jeddah (Saudi Arabia), Ain Sokhna (Egypt), Aqaba (Jordan), Djibouti, Port Sudan (Sudan), Aden and Hodeidah (Yemen).
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