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Maersk Introduces Surcharge on Israel Shipments to Cover Insurance

by Kalpana Pandey
December 9, 2023
in News, Shipping
Reading Time: 1 min read
A A
Maersk container ship

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“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 Danish company said in a statement.

“The surcharge will be used to accommodate additional insurance costs and ultimately ensure a continued and sustainable service for our customers to Israel,” it added.

Customers will from Jan. 8 face a $50 surcharge on 20-foot containers while the charge for containers measuring 40 and 45 feet will be $100, Maersk said.

Tags: InsuranceIsrael shipments
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