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News / CMA CGM hikes rates even as record ultra-large newbuild tonnage sails in

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© Darryl Brooks |
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CMA CGM yesterday followed Maersk’s shock price announcement on Monday with a big hike in its Asia-North Europe rates.

The French carrier said from 1 August it would increase its 20ft FAK rate to $1,075 and its 40ft rate to $1,950, which compares with the $1,025 ...

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