CMA CGM announces revenue restoration programme and surcharges

Global giant CMA CGM has announced an extensive revenue restoration programme and surcharges including peak season surcharge, port surcharge and liner out charges effective from yesterday. Here are the full details

RATE RESTORATION PROGRAMME
CMA CGM Group announces a new rate restoration programme as follows:
Effective 14 August, 2011:
From Pakistan and India to North Europe and Med:
+ USD 200 per 20’ dry and reefer
+ USD 400 per 40’ dry and reefer
Effective 15 August, 2011:
From Asia to South Africa (SHAKA service):
+ USD 200 per TEU*
From Asia to the East Coast of Africa (ASEA service):
+ USD 200 per TEU*
Effective 1 September, 2011:
From Asia to Med (including Black Sea, North Africa, West Med, Adriatic and East Med):
+ USD 250 per TEU
From Asia to the Caribbean:
+ USD 560 per 20’
+ USD 800 per 40’ and 40’ HC
From Asia to the East Coast of South America:
+ USD 600 per 20’
+ USD 1 200 per 40’ and 40’ HC
From Asia to the West Coast of South America, Central America and Mexico:
+ USD 600 per 20’
+ USD 1 200 per 40’ and 40’ HC
From Europe to West Africa:
+ EUR 100 (GBP 90) per 20’
+ EUR 180 (GBP 162) per 40’ and 40’ HC
Effective 10 September, 2011:
From Middle East Gulf to North Europe, West Med and East Med:
+ USD 200 per 20’
+ USD 400 per 40’
Effective 15 September, 2011:
From India to Middle East Gulf and East Coast of Africa (MIDAS service):
+ USD 150 per TEU
From North Europe to India and Pakistan
+ USD 150 per 20’
+ USD 200 per 40’
From US East Coast and Gulf to Australia and New Zealand
+ USD 100 per TEU
PEAK SEASON SURCHARGE
Effective 15 August, 2011:
From North Europe (Scandinavian, UK/Eire, Spanish and Portuguese ports) to the Caribbean and the West Coast of South America:
+ EUR 175 per TEU
From Asia to US West Coast, Canada West Coast and US East Coast
+ USD 320 per 20’ dry and reefer
+ USD 400 per 40’ dry and reefer
+ USD 450 per 40’ HC dry and reefer
+ USD 510 per 45’ dry and reefer
(These PSS, initially planned for June, have finally been postponed until 15 August)
Effective 22 August, 2011:
From Asia to Med (West Med, Adriatic, East Med, Black Sea and North Africa)
+ USD 100 per TEU
PORT SURCHARGE and LINER OUT CHARGES MORONI PORT SURCHARGE
The situation in the port of Moroni (Comoros) kept on worsening to such an extent that vessel’s operation for each call is everyday longer and penalising. Consequently, as from 15 August, 2011, CMA CGM has decided to increase its Port Congestion Surcharge (PSC) for Moroni, from EUR 150 per TEU to EUR 400 per TEU (USD 560/TEU), valid from all origins and for all commodities dry or reefer.
LINER OUT CHARGES
CMA CGM Group has decided to implement new Liner Out Charges between Asia and West Africa.
Effective 1 September, 2011:
Dakar:
+ USD 285 per 20’
+ USD 400 per 40’
Tema:
+ USD 265 per 20’
+ USD 450 per 40’
Conakry:
+ USD 440 per 20’
+ USD 645 per 40’
*TEU = twenty foot equivalent unit