CMA CGM announces total increases for 750 dollars for teu for the Asia-Europa/Med route



The French shipowning group CMA CGM joins to the other companies that have decided considerably to increase to the hires for the route westbound from Asia to Europe announcing a almost analogous increase to that official notice from the other operators, also this in vigor from next 1° subdivided March but in two voices.

CMA CGM in fact has announced a Rate Restoration of 200 dollars for container teu to which Surcharge Fuel of 550 dollars for teu will join to a Interim. The French society has specified that the amount of the ISF will proportionally vary on base salary to that of the Bunker Adjustment Factor (BAF).

The increases will regard the services in departure from all the Asian ports, included Japan, the Asian south-east, Columbus and Bangladesh, towards all the nordeuropei ports, included the United Kingdom and all the ports of call from Portugal to Russia, let alone towards the ports of the western Mediterranean, the Adriatic, the Mediterranean oriental, the Black Sea and the Africa North.

Motivating the decision to apply the increases, CMA CGM has remembered that in the 2011 decrease unprecedented of the installments of hire associated to the fort increase of the prices of the bunker and to the deterioration of the operating conditions in Asia, it has strongly influenced the results of the marine companies that operate between Asia and Europe. The market trend to quote hires "all in" including soprannnoli as the BAF, CAF, surcharge the Aden Gulf, surcharge Suez and the CSF – it has explained the French group – has left the navigation companies lacking in any adapted cover of these costs. Moreover adverse the meteorological conditions (the six main ports in the center and the north of China have been closed for 7,955 ore/331 days in 2011 because of the difficult meteorological conditions) and the reduction of the productivity in some ports in Asia due to an unexpected congestion has forced the navigation companies to accelerate the speed of the ships on the relation westbound in order to respect the program of ports of call in Europe and transit in the Suez Canal. In order to maintain transit to the Time and the reliability of schedule – it has found CMA CGM – the consumption of the bunker unchanged it is increased in the moment worse making useless completely the benefits of the slow steaming on the route eastbound, that is of the reduction of the speed of the ships in order to diminish the consumption of the fuel.