Tight capacity ex-India sees CMA CGM increase rates and surcharges

CMA CGM has revised its surcharge policy covering trades out of India, changing its no-show penalty to apply per container instead of per booking, keeping the amount at IR4,200 ($45) plus local taxes, from 1 May.
And as India-Middle East capacity remains acutely tight, the carrier today also announced Indian shipments for ports across the Gulf would attract a general rate increase of $500 per container, also from 1 May.
The French …
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