CMA CGM has announced Rate Restoration Program for May 2018 as follows:
Effective May 1st, 2018 (B/L date):
Origin Range: From all Asian ports
Destination Range: To Middle East Gulf ports
Cargo: Dry, OOG, Breakbulk & Reefer cargo
USD 200 per TEU
Quantum to be applied on top of rates valid from April 22nd to 30th, 2018
Effective May 8th, 2018 (B/L date):
Origin Range: From all Asian ports
Destination Range: To Middle East Gulf ports
Cargo: Dry, OOG, Breakbulk & Reefer cargo
USD 100 per TEU
Corresponding FAK rates level will be settled as follows:
As from May 1st, 2018, our FAK Tariff Guide Lines (excl. THC both ends) are:
USD 600/20’ - USD 1,000/40’ from all China and South Korea base ports to Jebel Ali
As from May 8th, 2018, our FAK Tariff Guide Lines (excl. THC both ends) are:
USD 700/20’ - USD 1,200/40’ from all China and South Korea base ports to Jebel Ali