Thursday, 03/08/2023, 09:48 (GMT +7)
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CMA CGM increases FAK rates from Asia to Northern Europe route
A container ship of CMA CGM (Source: CMA CGM)
Shipping line CMA CGM has announced a general rate increase FAK for shipments from all Asian ports to all ports in Northern Europe (including UK and the full range from Portugal to Finland/Estonia).
The French shipping line said that this new updated FAK rate will take effect from August 15, 2023 (calculated according to the date of loading on board at the port of departure) and will be applied to all types of containers. As follows:
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Port of Origin: all shipments from Asia (including Japan, Southeast Asia and Bangladesh)
-
Port of destination: all ports of destination in Northern Europe (including UK and the full range from Portugal to Finland/Estonia)
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Container type: dry cargo containers, out-of-gauge containers, refrigerated cargo containers and empty containers
-
Applicable FAK rates: 1,150 USD/TEU and 2,100 USD/FEU
Read more:
- Forecast of the container shipping market in the second half of 2023
- International shipping and logistics market update - Week 30/2023
- CMA CGM reinvests nearly 90% of record profits achieved in 2022
Source: Phaata.com (According to CMA CGM)
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