CMA CGM raises Freight All Kinds (FAK) rates for shipments from Asia to the Mediterranean and North Africa
2 weeks ago
CMA CGM raises Freight All Kinds (FAK) rates for shipments from Asia to the Mediterranean and North Africa
Starting November 15, 2024, the Marseille-based container line will implement updated Freight All Kinds (FAK) rates from major Asian ports to destinations in the Mediterranean and North Africa. These rates will remain in effect until further notice.
For 20′ containers, the new FAK rates are as follows: $3,800 for the West Mediterranean, $4,050 for the Adriatic, $3,900 for the East Mediterranean, $4,000 for the Black Sea, $5,100 for Algeria, $4,900 for Libya, $5,000 for Tunisia, and $4,200 for Morocco.
For 40′ and 40′ HC containers, the updated rates are set at $5,700 for the West Mediterranean, $5,900 for the Adriatic, $5,800 for the East Mediterranean, $5,900 for the Black Sea, $7,900 for Algeria, $7,500 for Libya, $7,600 for Tunisia, and $6,700 for Morocco.
Source: Container News