ASIA/MIDEAST AND ASIA/RED SEA CARRIERS ADD SURCHARGES
Shipping lines in the trades from the Far East to the Mideast and Red Sea have announced the introduction on Monday (Oct. 1) of surcharges because of increased risks in the region.
The Informal Rate Agreement, a large carrier group consisting of conference and non-conference carriers in the Far East/Mideast trade, will charge $300 per container for shipments between the Far East and Iraq. For shipments between the Mideast excluding Iraq and the Far East, the “temporary additional risk charge” will be $150 per container.
The carriers of the Informal Rate Agreement are APL, COSCO, Hyundai, IRISL, Maersk Sealand, MOL, NYK, OOCL, Pacific International Lines, Senator Lines, Uniglory, UASC, Wallenius Wilhelmsen, Wan Hai and Yangming.
Shipping lines of the Far East, Gulf of Aden and Red Sea Ports Conference are charging a surcharge of $250 per container for shipments from Asia to Aqaba, Jordan’s port on the Red Sea. Shipments from Asia to other Gulf of Aden and Red Sea ports will bear a surcharge of $200 per container.