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EMTA LINES LOWER EXTRA RISK INSURANCE SURCHARGE

EMTA LINES LOWER EXTRA RISK INSURANCE SURCHARGE

   Member lines of the Europe/Mediterranean Trade Agreement said Wednesday they have again reduced the extra risk insurance surcharge for vessels serving Israeli ports.

   The new surcharge is $30 per TEU, down from $41 per TEU, applicable to all northbound and southbound cargo.

EMTA member lines are AWS (Ellerman), Iscont Lines Ltd., 'K' Line, Maersk Sealand, Mediterranean Shipping Co., Navigation Maritime Bulgare, P&O Nedlloyd, Safmarine and Zim Israel Navigation Co.