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CMA CGM extends Emergency Bunker Recovery Measures

Firm decided to maintain current prices the measure to recover from high oil prices, it says.
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French liner firm CMA CGM will be extending its surcharge on bunker fuel for cargoes, effective 1 August 2018.

“Because of high oil prices, the CMA CGM Group has decided to maintain the measure to recover this increase,” it said on Thursday.

As a result, as from 1 August (date of loading in the origin ports) until further notice, this measure, based on the Brent average price in June, will be applied to all long-haul cargo Worldwide with the following amounts:
 

CURRENCY DRY REEFER
USD 55/TEU 85/TEU
EURO 45/TEU 70/TEU

Related: CMA CGM extends bunker fuel surcharge

Photo credit: CMA CGM
Published: 27 July, 2018

 

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