Airlines announce surcharges, surcharges are almost equal to freight rates
After determining that their ships need to be diverted to Africa or other routes, major container shipping companies have announced their surcharges in an attempt to make up for their additional costs through a large number of novel surcharges. Additional fees range from $250-$3,000. This also means that the additional charges for individual specialty containers may even be close to their shipping costs.
CMA CGM
French container shipping company CMA CGM has released details of a surcharge it will impose on containers entering and leaving Red Sea ports following recent attacks in the region.
This fee is named "Red Sea Surcharge" by CMA CGM and is specifically for cargo to and from the Red Sea area.
The company said in an advisory to customers on Wednesday that it would impose a surcharge on all cargo entering and leaving Red Sea ports from December 20.
The surcharge standard is US$1,575/TEU or US$2,700/FEU. The charge for each refrigerated container and special equipment is US$3,000.
Affected ports include Jeddah, Nyom Port, Djibouti, Aden, Hodeidah, Port Sudan, Massawa, Berbera, Aqaba and Sohna.
In addition, CMA CGM also announced that its "Cape Surcharge" will also take effect on December 20.
The specific cost is USD 500/TEU USD 1,000/FEU refrigerated container and special equipment is USD 1,200.
MSC
MSC Container Line, the world's largest shipping company, announced that it plans to impose a surcharge on container exports from Europe to Asia due to the company's ships avoiding the Suez Canal following the recent Red Sea attacks.
MSC calls this fee "Contingency Adjustment Charge" or CAC for short. This fee will be implemented from January 1, 2024.
The company said in a customer advisory on Wednesday that it plans to charge additional fees of $500/TEU, $1,000/FEU and $1,500 for each refrigerated container exported from Europe to the Far East and the Middle East respectively.
For cargo shipped to Jeddah and King Abdullah Port (which needs to pass through the Suez Canal and enter the northern Red Sea) MSC will charge higher fees. It is understood that the company will charge US$1,500/TEU, US$2,000/FEU and US$2,500 per refrigerated container.
Maersk
Maersk said vessels previously suspended for safety reasons will be rerouted near the Cape of Good Hope and future services will also be the subject of safety assessments to determine necessary contingencies. This decision was taken taking into account the current risks, delays and difficulties associated with transiting the Red Sea/Gulf of Aden.
In order to recover the carrier's costs, Maersk invokes Clause 20(a) of the Conditions of Carriage and Clause 22(a) of the Bill of Lading (whichever is applicable to the relevant carriage) to recover these costs.
In addition, Maersk also announced that it will impose a peak season surcharge (PSS) on selected markets starting from January 1, 2024.
Hapag-Lloyd
Hapag-Lloyd has renamed its new surcharge the "Operational Recovery Surcharge", which will come into effect on January 1 and introduce it to shipping between Europe and the Arabian Gulf, the Red Sea and the Indian subcontinent.
Southbound charges are the same as MSC: $1,000 per 40-foot reefer, $500 per 20-foot reefer, $1,500 per 40-foot reefer. In the northbound direction Hapag-Lloyd charges a surcharge of USD 1,500 per 40-foot container and USD 750 per 20-foot container.
In addition, Hapag-Lloyd issued a notice on the 20th announcing that it will impose a peak season surcharge (PSS) of US$500/TEU on routes from the Far East to Northern Europe and the Mediterranean starting from January 1, 2024.
ONE
Japanese container shipping company ONE previously announced that it will impose an emergency peak season surcharge of US$500 per TEU on the Asia-Europe route (westbound), which will also take effect from January.
The freight rate has soared to US$10,000, and the surcharge is the same as the freight rate.
