French box line CMA CGM has decided to increase its Freight All Kinds (FAK) rates from Asia to North Europe, North Africa and the Mediterranean.
Effective from 1 January, CMA CGM will implement the updated rates from all Asian main ports to the following Mediterranean and North African destinations.
| Destinations | 20′ | 40’/40’HC/40’REEFER |
|---|---|---|
| West Med | US$2,000 | US$3,000 |
| Adriatic | US$2,050 | US$3,100 |
| East Med | US$2,100 | US$3,200 |
| Black Sea | US$2,150 | US$3,300 |
| Syria | €2,600 | €$4,700 |
| Algeria | US$2,950 | US$4,700 |
| Tunisia | US$2,950 | US$4,700 |
| Libya | US$2,800 | US$4,300 |
| Morocco | US$3,000 | US$3,800 |
The new rates will be applied to dry, out-of-gauge (OOG), paying empties and reefer cargo.
Additionally, the Marseille-based ocean carrier has announced the following increased FAK rates from all Asian ports, including Japan, South East Asia and Bangladesh, to all North European ports, including the United Kingdom and the full range from Portugal to Finland/Estonia.
| 20’GP | 40’GP/40’HC/40’REEFER | |
|---|---|---|
| Asia to North Europe | US$1,600 | US$3,000 |
The new rates will also be effective from the first day of the next year and will be applied to dry, OOG, paying empties and reefer containers.