CMA CGM hikes rates for Asia-South America trade

Liner shipping company CMA CGM in a continued effort to provide reliable and efficient services, has announced General Rate Increase (GRI). The GRI will be effective as from January 1st, 2017 (on board date).

From Asia To Mexico, West Coast of South America (WCSA) & West Coast of Central America (WCCA) the rate will be $750/TEU.

Marseille, France headquartered CMA CGM is the world’s third largest container shipping company and ranked number one in France. The Group was founded and is led by Jacques R. Saadé. Its 536 vessels call more than 420 ports in the world, on all 5 continents. In 2015, they carried 18  million** TEUs (twenty - foot equivalent units).  CMA  CGM  has  grown continuously,  and  has  been  constantly  innovating  to  offer  its  clients  new  sea, land and logistics solutions.  With a presence in 160 countries, through its 600 agencies network, the Group employs 29,000*  people worldwide, including 2,400 in its headquarter in Marseilles.