CMA CGM to increase Manaus tariff due to low water level in Amazon
Oct, 21, 2020 Posted by Ruth HollardWeek 202044
CMA CGM reported that due to the reduced ship and barge capacity caused by the reduced draft in the Amazon region, it will need to apply a surcharge on its tariff to Manaus.
According to the company, the current water level in the region is 16.99 m, when the normal is 28 m. Therefore, to continue providing the service with optimal conditions, it will implement a Low Water Surcharge (LWC) applicable to all loads from the Far East of Asia to Manaus (BRAZEX 1 service), from October 21, 2020, until 21 December 2020.
The LWC will be US $ 150.00 per Dry TEU and US$ per reefer TEU.
Related Post
-
Shipping
Nov, 03, 2021
0
South America trade routes among those less affected by bottlenecks
-
Ports and Terminals
Jul, 20, 2020
0
Rio de Janeiro Port grows 7.2% YoY in 1st semester
-
Economy
Aug, 17, 2022
0
Brazil is selling less to China, but price makes up for it
-
Ports and Terminals
Aug, 08, 2024
0
Santos Brasil’s Strong Operational Performance Boosts Q2 Financial Results