CMA CGM is revising the Low Water Surcharge (LWS) applicable to all cargo from/to Manaus, Brazil.
The decision comes amidst a lack of improvement in navigability conditions on the Amazon River.
The shipping line has declared that the new LWS will amount to $1,100 per TEU effective 25 September.
For US, US territories, Colombia, Paraguay, Uruguay, Panama, Venezuela, Argentina, Ecuador the amount will be set at $750 per TEU effective 5 October, then $1,100 from 25 October.