- Booking cancellation fee will be USD 150 per TEU (any equipment type excluding reefers)
- Date of application: June 1st, 2017 (B/L date)
- Application for all bookings cancelled or transferred 7 calendar days or less prior to vessel cut-off date
- Scope: North Europe (North Continent/ UK/Scandinavia) to Red Sea, Middle East, India, Pakistan, Sri Lanka
- To be invoiced to the booking party
CMA CGM: Booking Cancellation Fee on Europe to Indian Subcontinent, Gulf and Red Sea trades
posted by AJOT | May 23 2017 at 07:04 AM | Liner Shipping
CMA CGM has been facing a large amount of shortfalls for the last weeks due to late bookings cancellations preventing them from accepting bookings on behalf of other valued customers.
As a result, CMA CGM has decided to implement a Booking Cancellation Fee as follows: