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17 Dec 2008
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Aden Gulf Surcharge
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The transit of Container Ships through the Gulf of Aden in both directions is now subject to
additional high costs due to increased insurance premiums and other costs, caused by the
prevailing risks of piracy in the area.
CMA CGM has taken all steps to ensure security of its vessels sailing through the Gulf of
Aden. The vessels will be crossing at increased speed, and whenever available will be part
of convoys protected by coalition warships.
As such, CMA CGM is implementing with effect from Bills of Lading dating January 1st,
2009 onward, a surcharge of USD 23/Teu (Aden Gulf Surcharge), on all containers
crossing this area at any point in the voyage.
This surcharge comes in addition to any Rate Agreement, short term or long term, already
concluded with customers or to be concluded.
About CMA CGM
Led by its founder Jacques R. Saadé, CMA CGM is currently the world’s third largest container shipping company and is
ranked number one in France. Operating a fleet of 400 vessels, including 100 company-owned, the Group serves 400 ports
of call around the world. In 2007 it carried a total of 7.7 million TEUs (twenty-foot equivalent units). With a presence on every
continent and in 150 countries through its network of 650 agencies, the Group employs 16,500 people including 4,200 in
France.Press Contact: media@cma-cgm.com
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