CMA CGM General Rate Restoration on Asia – North Europe Trade (Westbound)
Dear valued customer,
The prevailing container freight rates from Asia to North Europe Westbound having reached an unsustainable level. CMA CGM Group hereby informs its valued customers of the implementation of a General Rate Restoration (GRR) as follows:
USD 1000 / TEU effective from July 1st 2015.
Origin Range: from All Asian ports (including Japan, South East Asia and Bangladesh)
Destination range: to all Northern European ports (including UK and the full range from Portugal to Russia)
Cargo: All types of equipment
Date of application: July 1st, 2015 (B/L date)
We kindly ask you to forward this message to all concerned within your organization and thank you in advance to include the above in your future calculations.