CMA CGM has announced its Rate Restoration Programme for March 2020 as follows:
Effective from 22 March 2020 (B/L date):
- Origin Range: All Asian ports
- Destination Range: Red Sea ports
- Cargo: Dry, OOG, Breakbulk & Reefer cargo
- Amount: US$200 per TEU
In addition, the French shipping carrier has announced the following General Rate Restoration.
Effective April 1st, 2020 (B/L date):
- Origin Range: India (West Coast & East Coast) and the United Arab Emirates
- Destination Range: West Africa (all ports)
- Cargo : dry, OOG and breakbulk (Reefer not included)
- Quantum: US$150 per TEU