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2014 June 4   11:34

CMA CGM hikes rates for Asia-Sri Lanka, Pakistan/West India trade

Marseille, France based CMA CGM will implement General Rate Restoration (GRR) for all shipments from all Asian ports (excluding Japan) to Sri Lanka, Pakistan and West India, the Group said in a press release.

The new rates effective as of June 15, 2014 will be:

USD 150/20’
USD 200/40’

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.

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