CMA CGM to Lower Some French Shipping Rates to Curb Inflation

Thursday, June 30, 2022

Shipping giant CMA CGM said on Thursday it would reduce container shipping rates for some common consumer products imported in France to support government steps to curb inflation.

The group will from Aug. 1 reduced shipping rates by 500 euros ($520.10) per 40-foot container for consumer products imported by retailer customers in France, CMA CGM said in a statement.


($1 = 0.9614 euros)

(Reuters - Reporting by Gus Trompiz and Tassilo Hummel, Editing by Sybille de La Hamaide)

Categories: Finance Containerships

Related Stories

Justin Gress Appointed as Chief Operating Officer at HDI Global US

Heritage Capital Group Appoints Jamie McCurry as Industry Specialist

CMA CGM, Asyad Plan $400m Terminal at Sohar Port

Current News

ABS Launches Eagle CRoute Containership Solution

Justin Gress Appointed as Chief Operating Officer at HDI Global US

AD Ports to Advance Bunkering, Alternative Marine Fuels at Khalifa Port with IRH Global Trading

Is Hormuz Half-Open or Half-Closed? Tanker Rates on the Mend

Subscribe for Maritime Logistics Professional E‑News