Maersk Line announced a steep increase in emergency risk surcharges imposed earlier on containers moving via ports in the Indian Ocean Islands and East Africa, starting April 1.
The new surcharge on cargo shipped to and from the Indian Ocean Islands and Europe will be $350 per 40-foot container, compared with $250 per FEU now.
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For the Middle East and East Africa trade, the surcharge will increase to $400 per FEU from $250 per FEU.
The revised surcharge on the U.S.-East Africa route will be $400 per FEU, up from $300 per FEU.
“As a result of increased piracy activity, and in the light of our continuous efforts to prevent piracy attacks and protect our crews and cargo, we have revised our emergency risk surcharges to mitigate higher security expenses,” the Danish carrier said Tuesday.