- CMA CGM postponed a $1,500 peak-season surcharge from Jan. 1 to Jan. 15 for shipments from the Indian subcontinent, Middle East Gulf, Red Sea, and Egypt to U.S. East and Gulf coasts.
- New surcharges are being introduced for shipments from the Mediterranean to the U.S. and transit through the Panama Canal.
- Despite regional instability, CMA CGM has maintained operations in the Red Sea while other carriers diverted routes around the Horn of Africa.
French container shipping giant CMA CGM has adjusted its surcharge strategy for early 2025, including delays, introductions, and modifications across multiple trade routes. Freight Waves reports that these updates highlight the carrier’s response to geopolitical challenges, operational cost increases, and industry trends.
Postponed Peak-Season Surcharge for U.S.-Bound Cargo
CMA CGM has delayed a peak-season surcharge of $1,500 per unit for shipments from the Indian subcontinent, Middle East Gulf, Red Sea, and Egypt to U.S. East and Gulf coasts. Initially set for Jan. 1, the implementation date has been moved to Jan. 15.
The delay coincides with informal discussions between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) over a new labor agreement.
Mediterranean Surcharges Effective Jan. 18
From Jan. 18, CMA CGM will introduce peak-season surcharges for cargo moving from Mediterranean ports, including Marseilles-Fos, Valencia, and Barcelona, to U.S. East and Gulf coasts. The rates include:
- Dry containers: $1,300 per 20-foot, $2,000 per 40-foot, and $2,500 per 45-foot containers.
- Refrigerated containers: $1,300 per 20-foot and $2,500 per 40- and 45-foot reefers.
Oversized or break-bulk cargo is exempt from these surcharges.
Maintaining Red Sea Operations Amid Regional Instability
CMA CGM has been notable for continuing operations in the Red Sea despite security threats from Yemen-based Houthis.
While other carriers rerouted services around the Horn of Africa, CMA CGM persisted, ensuring consistent service along Asia-Europe and Asia-U.S. routes.
Panama Canal Transit Surcharge
Effective Jan. 1, CMA CGM introduced a $150 surcharge per TEU for cargo transiting the Panama Canal from South America’s west coast to the U.S. and Canada. This surcharge applies to services between South America’s west and east coasts and Guyana-North Brazil cargo from Jan. 5.
The new charges are attributed to increased operational costs following the Panama Canal Authority’s introduction of the Long-Term Slot Allocation (LoTSA) system.
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Source: FreightWaves