CMA CGM raises rates on number of trades

 
   The liner carrier CMA CGM on Wednesday unveiled a host of rate increases it plans to seek between Feb. 1 and March 1.
   As of Feb. 1, the increases are:
  • United States to the Far East, $75 per 20-foot container and $150 per 40-foot or 40-foot high-cube container.
  • Indian Subcontinent to the U.S. East Coast, $320 per 20-foot container, $400 per 40-foot container and $450 per 40-foot high-cube container.
   From Feb. 9, the increases are:
  • India and Pakistan to Europe, $200 per 20-foot container and $400 per 40-foot container.
  • Mediterranean to the east coast of South America, $200 per TEU.
   From Feb. 15:
  • Northern Europe to the Far East, $200 per container.
  • India and the Middle East to East Africa, $200 per TEU.
  • Mediterranean to the Far East, $50 per container for waste, plastic, paper, and metal cargo.
   From March 1:
  • Northern Europe to the Middle East and Red Sea, $100 per TEU.
  • Baltic ports to the Far East, Middle East, and Red Sea, $100 per TEU.
  • Mediterranean to the Far East, $100 per container.
  • West Mediterranean and Adriatic to the Middle East, $50 per container.
  • India and the Middle East to Africa, $150 per TEU.
  • Asia to the Adriatic, $250 per TEU.
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