Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

CMA CGM raises rates for India-East Africa services

CMA CGM raises rates for India-East Africa services

Marseilles: French carrier CMA CGM has announced a general rate increase for container cargo moving on its services from India to East Africa, writes the Journal of Commerce. In a notice to the trade, the carrier said the increase will be $300 per TEU, to be applied beginning February 16th, when its vessel the CC Serengeti will call at India's JNPT.

CMA CGM has stated that the rate hike is necessary to offset a substantial increase in operational costs, and be able to offer reliable services to customers. The move follows in the footsteps of the Mediterranean Shipping Company (MSC) and Emirates Shipping Line, which announced a similar increase on the route, effective 17th February.  [30/01/09]

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish

SMN_Podcast_Leaderboard.jpg