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Hapag-Lloyd Introduces Global Vessel Risk Surcharge for Arabian Gulf Cargo

July 5, 2019

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The company said that operating costs for its services have increased in the Middle East Gulf region as a result of tanker attacks that took place in the Strait of Hormuz.

As of July 15, 2019, the surcharge of USD 42 per TEU will be introduced for cargo from/to and via Arabian Gulf — Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia Eastern Province Ports Dammam & Jubail and the UAE.

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