CMA CGM announced the following General Rate Restoration effective May 1st, 2020 (B/L date):
From Asia including China, Taiwan, South Korea, South East Asia, East Coast of India, Bangladesh & Sri Lanka (Japan excluded)
To Kenya, Tanzania and Mozambique (all port)
Quantum: USD 300/TEU
All cargo dry, reefer, OOG and breakbulk
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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