CMA CGM cancels surcharge on ECSA exports to Cape Town
Jul, 21, 2020 Posted by Neeharika KhaitanWeek 202030
CMA CGM reported that it canceled the US$550 / TEU (Port Congestion Surcharge) surcharge that it had decided to levy, as of July 18, 2020 (BL date – until August 31, 2020), on all cargo moved between the East Coast of South America (SAMWAF service) and Cape Town.
The surcharge would be implemented due to congestion for docking in South Africa, which causes service interruptions involving high operating costs. According to the company, imports into Cape Town will now follow the usual freight conditions.
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