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Morocco Container Rates Rise from November 1

Morocco Container Rates Rise from November 1

French maritime shipping company CMA CGM has announced an increase in refrigerated container shipping charges from Morocco to West Africa, effective from November 1st. The fee for a standard 20-foot container will rise from 100 euros to 250 euros, while the 40-foot container fee will go up from 200 euros to 500 euros. Additionally, the company has imposed extra charges ranging between 350 and 850 euros on certain ports in West Africa, such as Tema, Monrovia, and Freetown, due to port congestion. These increases will raise shipping costs, especially for perishable goods, impacting Moroccan exporters and significantly adding to transportation expenses. The total increase can reach approximately 12,278 Moroccan dirhams per container, including all fees.

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