These new FAK rates will apply as follows:
• Origin Range: From India & Sri Lanka base ports (offered in direct on CMA CGM services)
• Destination Range: To all North European, Mediterranean & Jeddah base ports (offered in direct on CMA CGM services)
• Date of application: From February 3rd, 2020 (date of loading in the origin ports) until further notice (from January 31st, 2020, ICD handover date)
Speaking at today’s International Union of Marine Insurance (IUMI) annual conference in Berlin, Germany, Mike Brews, Chair of the IUMI Cargo Committee reported a sustained improvement for the marine insurance…
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