Shipping Companies; CMA CGM, Hapag-Lloyd Introduce New Freight Charges

French carrier CMA CGM and German operator Hapag-Lloyd have announced new freight rates for June and July in several regions around the world including Nigeria.

Effective from 15 June, the Marseille-based company will implement a rate restoration programme from all Asian ports to the Red Sea region for dry, out of gauge (OOG), breakbulk and reefer cargo of US$300/TEU.

In addition, the French shipping group will apply new weight charges from Spain and Italy. In particular, CMA CGM will introduce a weight charge of €10 (US$11.35) per unit for exports of dry and reefer cargo from Barcelona, Bilbao, Gijon, Vigo and Valencia in Spain from 1 July and 10 July for US trades.

Apart from this, CMA CGM has announced an overweight surcharge (OWS) of US$100/20′ from the port of La Spezia in Italy to Far East for 20′ dry with cargo gross weight equal or superior to 18 tonnes. This surcharge has been effective from 5 June.

African countries affected by the new rates are; Nigeria, Angola, Benin, Cameroun, Congo, DRC, Gabon, Ghana and Namibia.

Meanwhile. the carrier will cancel its OWS of US$200/TEU between India and the following West African ports from 12 June.

The carrier will apply new general rate increases (GRI) in July for all dry, reefer, non-operating reefer, tank, flat rack and open-top containers.Furthermore, Hapag-Lloyd has announced new rates mainly in Indian Subcontinent and Middle East trades.

From the Indian Subcontinent and Middle East to US and Canada – Effective date: 3 July

US$640/20′ standard container
US$800/40′ standard container (40′ x 8’6″)
US$800/40′ high cube container (40′ x 9’6″)
US$800/40′ reefer container (40′ x 9’6″)
From East Asia (including Japan & Oceania) to Indian Subcontinent – Effective date: 1 July

Moreover, Hapag-Lloyd has published an increased ocean tariff rate for all container types (including reefer and special cargoes) on the Middle East Trade from South Europe, North Africa, East Mediterranean and Black Sea ports to the Middle East and Indian Subcontinent destinations.

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