SCOPE: WSCA to USA
Effective May 1st, 2020
While previous effective date April 23rd, 2020 of Panama Canal Emergency Surcharge increase has been postponed until May 1st, the increase to USD 30/TEU will remain applicable as follows:
From: Chile, Peru, Ecuador, Colombia and Bolivia
To: USEC, USGULF
• USD 30/TEU for all cargo
PCE - Panama Canal Emergency Surcharge
SCOPE: ECSA to USA
Kindly be advised that the Panama Canal Emergency surcharge, originally scheduled to be increased effective on May 1st, has been suspended. Therefore, PCE charge will remain as follows:
From: East Coast South America (Argentina, Brazil, Paraguay & Uruguay)
To: US West Coast ports
GRI - General Rate Increase
SCOPE: IMPORT MIDDLE EAST/INDIA SUB-CONTINENT TO USA
Effective June 1st, 2020
Steamship lines are once again challenged to maintain service profitability since freight rates are at levels that are no longer sufficient given current costs. Mediterranean Shipping Company is committed to provide our shippers with a value-added competitive service. In order to maintain such a service, we are forced to announce the following General Rate Increase (GRI) effective June 1st, 2020 as below;
From: Saudi Arabia (only Dammam & Jubail), Bahrain, Kuwait, Iraq, Qatar, Oman, United Arab Emirates, India, Pakistan, Sri Lanka, Maldives
To: USA and Puerto Rico
• USD 400 per 20’ Equipment
• USD 500 per 40’ Equipment
• USD 500 per 40’HC Equipment
Reefers and SOC & SOT are subject to the announced increase.
CMA CGM informs that effective December 1st, 2024, the RATE RESTORATION INITIATIVE (RRI) will be updated as follows:
View ArticleIndustry updates and weekly newsletter direct to your inbox!