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Following Hapag-Lloyd’s announcement on Monday of a huge hike in its Asia-Europe FAK rates, CMA CGM has advised its customers of similar increases coming in on 1 November.

From Asia to North European ports CMA CGM’s FAK rates will increase to $1,000 per 20ft and $1,800 per 40ft, including high-cubes and reefers.

This compares with the Hapag-Lloyd hikes to $1,050 and $1,750.

From Asia to West Mediterranean base ports, the French carrier’s FAK rates will increase to $1,400 per 20ft and $2,000 per ...

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