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CMA CGM hikes rate from India, Pakistan, Sri Lanka US$300/TEU March 3

FRENCH shipping giant CMA CGM has announced a US$300 per TEU ($600/FEU) rate increase on cargo moving from India, Pakistan and Sri Lanka to North Europe, Scandinavia, Baltic, Mediterranean Sea, Black Sea, North Africa, Central America and Caribbean and South America.

The rate increase will be applied from March 3, the company said.
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