drewry-maritime-research

CMA CGM Raises Panama Canal Surcharge

CMA CGM will increase its Panama Canal surcharge on Far East cargo moving to the U.S. East and Gulf coasts as reduced vessel drafts limit the amount of cargo ships can carry through the waterway. The carrier’s Panama Canal Adjustment Factor will rise to US$500 per TEU effective Sept. 10, up from US$320 per TEU starting July 25. The charge applies to cargo routed through the canal, although shipments from Bangladesh ... [+]