A.P. Moller-Maersk mentioned it is going to introduce a danger surcharge subsequent 12 months on container shipments to Israel to cowl rising insurance coverage premiums because of the safety scenario.
“Moving into 2024, insurance premiums continue to be raised for vessels bound for Israel, which has brought about the need for Maersk to officially implement an Emergency Risk Surcharge (ERS),” the corporate mentioned in an announcement.
“The surcharge will be used to accommodate additional insurance costs and ultimately ensure a continued and sustainable service for our customers to Israel,” it added.
Customers will from Jan. 8 face a $50 surcharge on 20-foot containers whereas the cost for containers measuring 40 and 45 toes can be $100, Maersk mentioned.
(Reuters)
