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2009 September 14   06:56

CMA CGM announces rate restoration from North Europe to Asia & Middle East - Red Sea

The CMA CGM Group has decided to restore freight rates in the North Europe to Asia & the Middle East/Red Sea trades to a sustainable level. New rate increases will apply to all cargo moving eastbound from North Europe to Asia, Middle East and Red Sea, effective October 1st, 2009.
The increase quantum will be as follows:
From North Europe to Asia:
•    General cargo (Dry and Reefer): + USD 150 per teu
•    Waste paper: + USD 100 per teu
From North Europe to Middle East & Red Sea:
•    All cargo: + USD 100 per teu

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