Due to the start of the high season, the French shipping giant CMA CGM has stated its intention to levy additional tariffs on shipments from The Gambia to the Far East.
In this context, shipments to the Far East from The Gambia, Senegal, Mauritania, and Guinea-Bissau will face a tariff increase of USD 200 per TEU for dry and refrigerated cargo, as well as a reefer cost of USD 500 per TEU.
Similarly, the route connecting West Africa with the Middle East Gulf and the Indian subcontinent will have a USD 200 per TEU premium on dry and refrigerated cargo, as well as a Reefer surcharge of USD 500 per TEU.
Finally, dry cargo shipped from the Indian subcontinent to the East and West Coasts of Latin and Central America, as well as the Caribbean, will be subject to a tariff levy of USD 500 per 20′ and USD 1,000 per 40′.
It is worth mentioning that the increases in rates will begin to take effect as of January 1, 2024, except for those shipments to Puerto Rico and the United States Virgin Islands, which will begin on January 20, 2024.