CMA CGM announces FAK rates from Asia to Red Sea

CMA CGM has announced the following Rate Restoration:
Effective May 7th, 2018 (B/L date):
Origin Range: From all Asian ports
Destination Range: To Red Sea ports
Cargo: Dry, OOG, Breakbulk & Reefer cargo
USD 300 per TEU
Corresponding FAK rates level will be settled as follows:
As from May 7th, 2018, our FAK Tariff Guide Lines (excl. THC both ends) are:
USD 700/20’ - USD 1,100/40’ from all China base ports to Jeddah and Sokhna