Global shipping giant, CMA CGM has increased its Peak Season Surcharge (PSS) for per twenty-foot equivalent unit (TEU) on dry cargo shipments from Asia to ports in Nigeria and across West Africa by 100 per cent, effective June 7, 2025.
The shipping firm had initially announced a $400 peak season surcharge on all TEUs originating from North East Asia, South East Asia, China, Hong Kong and Macau SAR, destined for ports across West Africa.
However, the company recently announced an increase of $800 per TEU for importers and exporters of direct cargo shipments between the Asian countries and West African countries.
According to the company, this surcharge will remain in place until further notice, adding that the basic freight rates, as well as additional charges such as bunker-related surcharges, terminal handling charges (THC), and safety/security fees, may also apply.
The shipping firm emphasised that the adjustment comes as part of CMA CGM’s broader strategy to address operational costs and capacity constraints typical of peak shipping periods.
The company also stated that the surcharge reflects ongoing global shipping challenges, including port congestion, container availability and elevated fuel prices, which continue to impact logistics operations along key trade routes.
The company stated that for West African importers, particularly those dealing in consumer goods and industrial supplies, the update signals a potential rise in overall shipping costs heading into the second half of the year.