Global shipping company CMA CGM says it will apply new Freight All Kinds (FAK) rates as follows as from August 15th, 2019 (date of loading in the origin ports in Asia) and until further notice but not beyond August 31st, 2019:
These new FAK rates will apply as follows:
Origin Range: From all Asian base ports
Destination Range: To all Mediterranean base ports (areas mentioned above)
All outports in Asia and the Mediterranean will be subject to additional surcharges
Date of application: From August 15th, 2019 (date of loading in the origin ports) and until further notice but not beyond August 31st, 2019
The FAK rates include the Basic freight, the Bunker surcharge, the Peak Season charges and similar charges. They are subject to other Bunker-related surcharges, the THC (Origin and Destination) and the Safety and Security-related surcharges