Rates & Surcharges

CMA CGM announces overweight surcharge from South America East Coast

French box carrier CMA CGM has announced a new overweight surcharge (OWS), which will be effective from 1 April 2024 until further notice.

This surcharge will be applicable for cargo originating from South America’s East Coast and destined for North Europe, Scandinavia, Poland, Baltic States, Adriatic, Black Sea, East & West Mediterranean, Middle East Gulf, Red Sea and Pakistan.

CMA CGM will charge US$150 per dry 20ft container with a gross weight exceeding 18 tons.


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https://container-news.com/cma-cgm-announces-overweight-surcharge-from-south-america-east-coast/

CMA CGM applies new rates from Asia to Mediterranean

French container line CMA CGM has announced the following updated Freight All Kinds (FAK) rates from all Asian main ports to the mentioned Mediterranean ports.

20′ 40’/40’HC WEST MEDITERRANEAN ADRIATIC EAST MEDITERRANEAN BLACK SEA ALGERIA TUNISIA LIBYA MOROCCO
US$3,200US$4,000
US$3,200US$4,000
US$3,300US$4,100
US$3,300US$4,200
US$4,600US$5,800
US$4,300US$5,700
US$4,500US$5,200
US$4,100US$5,100

These new FAK rates will be applied to dry, out of gauge (OOG) and...

https://container-news.com/cma-cgm-applies-new-rates-from-asia-to-mediterranean/

Carriers ‘undo’ rate hikes on India-US trades amid cargo volume pressure

Container carriers appear to have abandoned plans to hike freight rates on Indian trades to the United States, as they are facing a slump in cargo bookings.

MSC, Hapag-Lloyd and CMA CGM had planned to implement hefty general rate increase (GRI) and peak season surcharge (PSS) amounts from early March.

For example, MSC’s rate activity plans included a GRI of US$1,000 per box from 1 March and a PSS of $1,500 per box from 4 March for trades to the US West Coast. Earlier, the carrier had also...

https://container-news.com/carriers-undo-rate-hikes-on-india-us-trades-amid-cargo-volume-pressure/

CMA CGM revises PSS from North Europe to Med, Adriatic, Black Sea and North Africa

In response to recent developments in the region, CMA CGM has announced a revision of its Peak Season Surcharge (PSS) from North Europe to the Mediterranean, Adriatic, Black Sea and North Africa.

The updated PSS will take effect from 1 April 2024 (loading date) until further notice. The surcharge applies to shipments originating from North Europe (excluding Portugal and Spain Atlantic), the United Kingdom, Scandinavia, Poland, Baltic States and Ireland, and destined to the entire Mediterranean...

https://container-news.com/cma-cgm-revises-pss-from-north-europe-to-med-adriatic-black-sea-and-north-africa/

Ocean rates continue to ease post-Lunar New Year: Freightos analysis

Hostilities in the Red Sea intensified last week, and included the first seafarer casualties. But with most container traffic already avoiding the Suez Canal, demand easing as the market enters its slow season, and operations settling into a new routine, rates continued to ease across the major trade lanes.

Asia – North America ocean rates are down 10% from their peak, with Asia – North Europe prices 22% lower and Asia – Mediterranean rates 34% below their high in late January. Ocean logistics...

https://container-news.com/ocean-rates-continue-to-ease-post-lunar-new-year-freightos-analysis/

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