Maersk adds surcharge to Israel shipments

Denmark-based AP Moller-Maersk is to introduce a risk surcharge from January 8th on container shipments to Israel. The shipping line said that it was doing so to cover rising insurance premiums due to the security situation.

“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 company said, adding that “the surcharge will be used to accommodate additional insurance costs and ultimately ensure a continued and sustainable service for our customers to Israel”.

Customers will have to pay a $50 surcharge on 20ft containers while the charge for containers measuring 40ft and 45ft will be $100, Maersk said.