CMA CGM introduces Emergency Fuel Surcharge amid Middle East tensions
CMA CGM will introduce an Emergency Fuel Surcharge (EFS) following a sharp rise in global fuel prices linked to ongoing geopolitical tensions in the Near and Middle East.
Fuel markets reopened on March 2, 2026, triggering a significant increase in bunker costs across global shipping trades. The carrier says the surcharge will help offset rising operating expenses and maintain reliable ocean transport services.
Emergency Fuel Surcharge Details
The EFS will apply to all trades with different levels depending on the shipping direction.
All Long Haul Trades – Head Haul
-
Dry cargo: $150 / €130 per TEU
-
Reefer cargo: $180 / €155 per TEU
All Long Haul Trades – Back Haul
-
Dry cargo: $75 / €65 per TEU
-
Reefer cargo: $90 / €80 per TEU
All Intra-Regional Trades
-
Dry cargo: $75 / €65 per TEU
-
Reefer cargo: $90 / €80 per TEU
Implementation Date
The surcharge will take effect on March 23, 2026 (loading date). It will remain in place until further notice, subject to regulatory requirements where applicable.
Carrier Response to Fuel Market Volatility
CMA CGM says the measure is necessary to manage rising bunker costs and ongoing market volatility. The company stated it remains committed to supporting global supply chains while maintaining reliable shipping services during this challenging period.
The post CMA CGM introduces Emergency Fuel Surcharge amid Middle East tensions appeared first on Container News.
Content Original Link:
" target="_blank">
