The new partnership between MSC (Mediterranean Shipping Lines) and CMA CGM will commence in October 2019. The first direct service (Australia Express) joint sailing has been announced as MSC Candice ETD 1st October 2019.
The Direct Service Lines from Europe and the Mediterranean to Australia / New Zealand have also confirmed their intention to introduce a General Rate Increase (GRI).
The proposed GRI amounts and effective dates announced by the shipping lines are (from Bill of Lading date):
MSC Shipping 1st October, 2019 USD $150 Per TEU
CMA CGM 1st November, 2019 USD $200 Per TEU
For reference, the October BRC (Bunker Recovery Charge) amounts are listed in this table, click here.
Please do not hesitate to contact your local VGL Representative for more information or clarification.