CMA CGM hikes rates on Asia-South Africa-Port Louis service
CMA CGM, a largest container shipping company has announced General Rate Increase to implemented to all cargo shipments from Asia (including Japan, South East Asia and Bangladesh) to South Africa and Port Louis, the Company said Tuesday in a press release.
The new rates effective as from March 31, 2014 will be: USD 200 / TEU.
Marseille-headquartered CMA CGM, the world’s third largest container shipping company and ranked number one in France, achieved a turnover of 14.9 billion USD in 2011. Operating a fleet of 394 vessels, the Group serves more than 400 ports around the world. In 2011, it carried more than 10 million TEU (twenty-foot equivalent units). With a presence on every continent and in 150 countries through its network of 650 agencies and branch offices, the Group employs 18,000 people worldwide.