Thursday, 21/12/2023, 12:15 (GMT +7)
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CMA CGM Implements Red Sea Charge Amidst Ongoing Safety Measures
A container vessel of CMA CGM (Photo: CMA CGM)
Amid escalating developments in the Red Sea region, CMA CGM, a leading shipping line, has announced operational adjustments to ensure the safety of vessels, crews, and cargo. The company issued a crucial advisory outlining re-routing strategies for various vessels navigating through the Cape of Good Hope due to safety concerns in the Red Sea.
CMA CGM has mentioned that "This decision is in line with Clause 10 of our Bill of Lading, and while we understand it may impact your logistics and supply chain operations, it is a necessary step which comes with a cost."
Effective immediately and until further notice, CMA CGM has introduced the RED SEA Charge applicable to all cargo shipments to and from Red Sea ports. This charge will be levied unless customers opt to process the Bill of Lading at designated hub ports.
The detailed breakdown of the RED SEA Charge includes:
- USD 1,575 for 20' Dry containers
- USD 2,700 for 40' Dry containers
- USD 3,000 for Reefer containers & special equipment
- Scope: Applicable to cargo between Jeddah, Port of Neom, Djibouti, Aden, Hodeidah, Port Sudan, Massawa, Berbera, Aqaba, Sokhna
- Cargo: All types
- Date of application: December 20th, 2023, for cargo on board or to be loaded/discharged to/from Red Sea ports
Expressing gratitude for customer understanding and cooperation during these challenging circumstances, CMA CGM assures its commitment to minimize shipment disruptions while prioritizing safety. "We sincerely appreciate your understanding and cooperation during these unprecedented circumstances. Rest assured, CMA CGM is committed to mitigating the impact on your shipments and ensuring the safety of all involved." said CMA CGM.
Read more:
- Red Sea Crisis: Container Shipping Rates Skyrocket, Consumers Expected to Feel the Impact
- International shipping and logistics market update - Week 51/2023
- Rising Risks to Global Trade from Panama and Suez Canal Disruptions
Source: Phaata.com (According to CMA CGM)
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