Maersk Implements Piracy Surcharge

Maersk Implements Piracy Surcharge

Maersk Line announced a piracy risk surcharge on containers shipped between India and the Middle East region.

Effective June 1, the surcharge is $70 per 40-foot equivalent unit.

“As a result of the increased piracy activity, and in light of our continuous efforts to prevent piracy attacks and to protect our crew and cargo in the intra-Gulf region, we will introduce an emergency risk surcharge to mitigate the expenses incurred on securing and maintaining reliable and safe services,” the Danish carrier said in a trade notice Wednesday.

The intra-Gulf region primarily includes ports in the United Arab Emirates, Saudi Arabia, Kuwait, Oman, Qatar and Bahrain.