FRENCH shipping giant CMA CGM will increase Asia-Europe rates to US$900 per TEU, $1,700 per FEU, $1,750 per 40-foot high cube and $1,700 per 40-foot reefer from May 1, the company has announced.
These new FAK rates will apply to all cargo from all Asian ports, including Japan, Southeast Asia and Bangladesh to all Northern European ports including UK and the full range from Portugal to Finland/Estonia.
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