# CMA CGM PSS - from Black Sea to the Middle East and Red Sea

> CMA CGM will apply a Peak Season Surcharge of USD 300 per unit on dry cargo loaded from Black Sea ports to Middle East and Red Sea destinations, effective June 1, 2020 until further notice. The surcharge covers shipments from Black Sea origins.

- Date: 2020-05-12 · published 2020-05-12T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/53023-cma-cgm-pss-from-black-sea-to-the-middle-east-and-red-sea
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

A per-unit surcharge on Black Sea dry cargo to the Middle East raises freight costs for Black Sea grain and feed exports to those markets, supporting Black Sea origin basis relative to alternatives.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- ajot.com: https://www.ajot.com/news/cma-cgm-pss-from-black-sea-to-the-middle-east-and-red-sea

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