Contingency Adjustment Charge for North America to Red Sea Countries and Middle East
Following recent events in the Red Sea, steamship lines are diverting vessels via the Cape of Good Hope to protect the safety of crew members, cargo, and the vessel.
An additional transit time of 2 weeks is currently estimated to result from this diversion. As a result, Steamship Lines have issued announcements of a Contingency Adjustment Charge. Please be advised of the intended NEW Contingency Adjustment Charge for all cargo from North America to Red Sea Destinations and Operational Cost Recovery to Middle East with the following details:
Effective January 28th, 2024
Trade North America to Red Sea: (Jeddah, Port of Neom, Djibouti, Aden, Hodeidah, Port Sudan, Massawa, Berbera, Aqaba, and Sokhna)
USD 1300 per 20’ container
USD 1600 per 40’ container
USD 35 w/m for LCL
Trade North America to Middle East:
USD 150 per 20’ container
USD 300 per 40’ container
USD 7 w/m for LCL
We will continue to monitor closely how the market will react to this Surcharge and will update you when there is a change.
We appreciate your continued support as a valued customer and should you require any further information or clarification, please do not hesitate to contact your account manager or customer service representative.
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Contingency Adjustment Charge for North America to Red Sea Countries and Middle East