# CMA CGM SPGO rate update from the Mediterranean to the Far East, Middle East, Gulf & Red Sea

> CMA CGM announced new SPGO dry cargo rates of USD 500 per unit for shipments from Mediterranean ports to the Far East, Middle East, Gulf and Red Sea, effective November 16, 2020. The notice is a routine liner rate update.

- Date: 2020-11-17 · published 2020-11-17T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/50038-cma-cgm-spgo-rate-update-from-the-mediterranean-to-the-far-east-middle-east
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Container freight rate changes on Mediterranean-Asia lanes have little direct bearing on feed ingredient prices or grain bulk freight.

## Sources

- ajot.com: https://www.ajot.com/news/cma-cgm-spgo-rate-update-from-the-mediterranean-to-the-far-east-middle-east-gulf-red-sea

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.