HomeEconomyMaritime transport: CMA CGM increases its prices between Asia and the Mediterranean

Maritime transport: CMA CGM increases its prices between Asia and the Mediterranean

Starting January 15, the French shipping group will increase its container shipping rates from Asia to the Mediterranean region, in some cases doubling the prices applied on January 1.

The French shipping group CMA CGM will increase its container shipping rates from Asia to the Mediterranean region from January 15, doubling in some cases the prices applied on January 1, according to its website on Tuesday. A spokesperson for CMA CGM was contacted and declined to provide further details on these price increases.

Although CMA CGM is not listed on the stock exchange, companies that are have seen their shares rise since the attacks carried out by Yemen’s Houthi rebels on ships in the Red Sea, and the expansion of routes is expected to result in an increase in prices. rate.

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Author: TT with Reuters
Source: BFM TV

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