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CMA CGM applies new peak season surcharges from Asia to West Africa
In an ongoing commitment to enhance service reliability and efficiency, CMA CGM has announced the implementation of two Peak Season Surcharges (PSS).
Dr.G.R.Balakrishnan Apr 26 2024 Shipping News

CMA CGM applies new peak season surcharges from Asia to West Africa

The first PSS will take effect from 29 April 2024 (loading date) until further notice. It applies to shipments originating from China to the West Africa Central Range, encompassing destinations such as Nigeria, Côte d’Ivoire, Benin, Ghana, Togo, and Equatorial Guinea. This surcharge applies to dry cargo and amounts to US$900 per TEU.

Additionally, the French carrier has introduced a surcharge from North & Central China to the West Africa South Range, covering destinations such as Angola, Congo, DRC, Namibia, Gabon, and Cameroon. This peak season surcharge, also applicable to dry cargo, is set at US$500 per TEU.

A surcharge is an additional charge a company adds to the cost of a good or service. Generally, the additional charge may be a fixed amount or some percentage of the purchase price. This becomes essential for a company to continue to render the usual service to the customers. In other words, it helps sustainability of a company.