Views Article – Sharenet Wealth

Europe, News

CMA CGM drops port congestion surcharge for Cape Town

CAPE TOWN (Reuters) – CMA CGM, the world’s fourth-largest container shipping line, said on Thursday it was withdrawing with immediate effect a port congestion surcharge for Cape Town.

The French-based shipping firm had told clients in a letter last month it would impose surcharges from July 1 at Cape Town port due to disruption caused by the coronavirus.

“CMA CGM is committed to supporting its clients and the South African economy amidst the challenging conditions created by the COVID-19 pandemic,” the group said in an emailed response to Reuters about the issue.

(Reporting by Wendell Roelf in Cape Town; Writing by Gus Trompiz; Editing by Edmund Blair)

The CMA CGM Antoine de Saint Exupery container ship sits docked during its official inauguration in Le Havre

© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.