The new applicable CMA CGM Freight All Kinds (FAK) rates as follows as from March 15th, 2020 (date of loading in the origin ports in Asia) and until further notice but not beyond March 31st, 2020:
These new FAK rates will apply as follows:
• Origin Range: From all Asian base ports
• Destination Range: To all Mediterranean base ports (areas mentioned above)
• All outports in Asia and the Mediterranean will be subject to additional surcharges
• Date of application: From March 15th, 2020 (date of loading in the origin ports) and until further notice but not beyond March 31st, 2020
Today the Maritime Administration (MARAD) awarded nearly $580 million to 31 recipient ports in 15 states and territories. These grants are from the agency's Port Infrastructure Development Program (PIDP). Five…
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