CMA CGM Announces Rate Restoration Initiatives for Latin America and Caribbean Routes
Shipping giant CMA CGM is set to implement rate restoration initiatives on its routes connecting Europe to Latin America and the Caribbean. These surcharges are scheduled to take effect on April 1, 2026.
From North Europe to Central America and the Caribbean, the carrier will apply a rate restoration of EUR 325 per container. This surcharge will cover cargo originating from North Europe, the Baltic, and Scandinavia, with the exception of Portugal.
Destination markets impacted by this surcharge include the East Coast of Central America, the Caribbean, and the West Coast of Central America. However, Trinidad & Tobago, Puerto Rico, the French West Indies, French Guiana, and the West Coast of Mexico are excluded from this specific surcharge.
Furthermore, CMA CGM will introduce a rate restoration of EUR 150 per TEU for shipments from the West Mediterranean to Latin America. Origin ports included in this initiative are Marseille (France), ports in Italy, and Spanish Mediterranean ports such as Algeciras, Valencia, and Barcelona, as well as Portugal.
The West Mediterranean surcharge will apply to cargo destined for the West Coast of South America, the Caribbean, Central America, the West Coast of Central America, Windward Islands, Leeward Islands, Guyanas, Suriname, and North Brazil. GPGUS and ANPHI are excluded from this surcharge.
Both of these rate restoration initiatives are applicable to all cargo types and will be applied to tariff or service contract rates. They are valid for all contracts with a duration of up to three months.
Additional surcharges may apply, including bunker-related charges, terminal handling charges at both origin and destination, and safety and security-related surcharges. Contingency charges and local charges may also be applicable.