CMA CGM Slams N115,000 per TEU Surcharge on Nigeria-Bound Cargoes

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French shipping company; CMA CGM has announced an Overweight Surcharge (OWS) from Asia and India East Coast to Nigeria that takes effect from April 28, 2023.

The French ocean carrier said that Nigerian importers will pay an overweight surcharge of $250 (about N115,000) per TEU (Twenty foot Equivalent Unit) on dry containers with a container gross weight equal to or more than 18 tons from China, South East Asia, North East Asia, and the East Coast of India to Apapa, Tin-Can and Onne ports.

CMA CGM said that the surcharge would be applicable to short-term contracts of three months and below.

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