CMA CGM has announced the Rate Restoration Program to be implemented in August 2016 in 3 successive steps as follows :
Effective from August 7th, 2016 (B/L date):
From all Asian ports to all Middle East Gulf ports
All cargo
USD 100 per TEU
Effective from August 15th, 2016 (B/L date):
From all Asian ports to all Middle East Gulf ports
All cargo
USD 250 per TEU
Effective from August 22nd, 2016 (B/L date):
From all Asian ports to all Middle East Gulf ports
All cargo
USD 100 per TEU