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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