Stakeholders in Nigeria’s maritime and trade sector have raised concerns over CMA CGM’s recent hike in local shipping charges, calling it a “rude shock” with serious economic implications.
CMA CGM, French shipping giant announced the new rates in a statement, effective March 10 2025, following the Nigerian Ports Authority’s 15 per cent increase in port and marine fees on March 1.
In a notice to Nigerian importers, the company defended the rate hike as a necessary response to the NPA’s recent increase in port and marine charges.