CMA CGM imposes Hormuz surcharge

CMA CGM will impose an emergency fuel surcharge starting August 1 in response to renewed tensions in the Strait of Hormuz and a surge in bunker prices that has raised costs across regions and trades. The surcharge will be applied globally to shipments, with per-container charges ranging from about $65 to $165 depending on route and container type, and in some formulations varying by dry and reefers and by long-haul versus backhaul segments. The move reflects the carrier’s effort to manage unexpected fuel cost pressures amid geopolitical instability and will remain in effect until further notice. The notices cited by CMA CGM emphasize that bunker costs have increased across all regions and trades, reversing any recent easing in fuel prices. Reports from Reuters and other outlets corroborate the range and timing of the surcharge, signaling a consistent policy across major shipping communications. The net effect will be higher freight costs for customers on CMA CGM’s networks worldwide as the company seeks to offset elevated energy expenses.