MSC, Maersk, and Hapag-Lloyd Also Implement War Risk Surcharges for Persian Gulf

July 04: MSC Mediterranean Shipping Company has announced it will institute a war risk surcharge for all cargoes moving to and from the Arabian Gulf. The move follows CMA CGM and X-Press Feeders adding charges in the wake of six tanker attacks in and around the Strait of Hormuz over the last two months. MSC is charging $40 per teu, $4 more than CMA CGM, for all cargoes calling Bahrain, Iraq, Kuwait, Oman, Qatar, the Saudi Arabian ports of Dammam and Jubail and to the United Arab Emirates. The surcharge kicks in for all trades on July 8 apart from to and from the US and China, which will start on August 1. (Source: Splash 247)

July 05: Furthermore, Maersk and Hapag-Lloyd are to bring in war risk surcharges for cargoes heading in and out of the Arabian Gulf on the back of six tanker attacks in the region over the past two months. Both carriers have slapped charges of $42 per teu for shipments bound for the Middle East. (Source: Splash247)