CMA CGM has announced new Freight All Kinds (FAK) rates from all Mediterranean ports including Malta, France (Fos/Marseille), Italy, Spain (Algeciras, Valencia, Barcelona, Sagunto), Adriatic, Black Sea, North Africa, Cyprus, Greece, Turkey, Lebanon – excluding Egypt to all US East Coast ports and Gulf ports or inland points via said ports.
The French ocean carrier said the updated FAK rates will be effective from 4 September 2023 (gate-in date) and will be applied to dry cargo only.
The new FAK rates will be as follows:
| From | To | 20’ST | 40’ST & 40’HC |
|---|---|---|---|
| Spain & Italy | US East Coast | US$1,650 | US$2,050 |
| France | US East Coast | US$1,975 | US$2,400 |
| Portugal | US East Coast | US$1,900 | US$2,600 |
| Spain & Italy | US Gulf | US$1,650 | US$2,050 |
| France | US Gulf | US$2,050 | US$2,500 |
| Portugal | US Gulf | US$1,900 | US$2,600 |
| Turkey | New York, Norfolk, Savannah | US$2,250 | US$2,300 |
| Turkey | Houston, Miami | US$2,450 | US$2,800 |