CMA CGM Reefer Consumption Surcharge

CMA CGM and affiliates Delmas, MacAndrews, ANL, US Lines and Cheng Lie wish to announce the introduction of a Reefer Consumption Surcharge which will be implemented in all Trades as per the 1st of October 2009, except for all U.S. inbound and outbound Trades where the implementation date is the 16th of October 2009.

CMA CGM and subsidiaries have so far not been billing the additional reefer consumption costs to their customers, having had a similar BAF (Bunker Adjustment Factor) structure for both dry and reefer containers. In order to have a more transparent and true segregation of costs between these two very distinct segments it has now been decided to make this an integrated part of our freight surcharges.

The Reefer Consumption Surcharge incorporates the actual cost of fuel, and will be revised on a monthly basis, together with our general BAF levels.

The levels of the new surcharge will be reflected on our BAF/CAF finder on our Internet site at www.cma-cgm.com and/or be communicated to our customers directly.

“One of the main differences between dry containers and reefer containers is the energy consumption needed to maintain the temperature during transportation, as well as to properly ventilate containers carrying perishable commodities. The electricity used for reefers aboard container vessels means extra fuel consumption, thus extra cost for both Shippers and Carriers. With this Reefer Consumption Surcharge, CMA CGM and affiliates provide customers with a more transparent and balanced segregation of costs.” explains Claus P. Ellemann-Jensen, Vice President Reefer, CMA CGM Group.