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CMA CGM increases FAK rates from Asia

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MARSEILLE : CMA CGM has announced new Freight All Kinds (FAK) rates from Asia to North Europe, the Mediterranean and North Africa.

The French carrier says its Asia to North Europe/west Mediterranean FAK (freight all kinds) rates will increase to $3,000 per 40ft

Alongside its liner peers, CMA CGM increased its Asia-North Europe 40ft rate to $1,800 on 1 December, and then to $2,000 from 15 December, although the effect so far on the spot market has been muted.

The following increased rates will be effective from 15 December until further notice and will be applied to dry, out of gauge (OOG), paying empties and reefer cargo.

20’GP40’GP/40’HC/40’REEFER
Asia to North EuropeUS$1,100US$2,000

North European ports include ports in the United Kingdom and the full range of ports from Portugal to Finland/Estonia.

Destinations20′40’/40’HC/40’REEFER
West MedUS$1,800US$2,600
AdriaticUS$1,850US$2,700
East MedUS$1,900US$2,800
Black SeaUS$1,950US$2,900
Syria€2,500€4,500
AlgeriaUS$2,850US$4,500
TunisiaUS$2,850US$4,500
LibyaUS$2,700US$4,100
MoroccoUS$2,900US$3,600
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