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Hapag-Lloyd announced war risk surchage

7/4/2011 10:02:50 AM

Hapag-Lloyd has announced a steep hike in its “war risk surcharge” on all cargo moving to and from ports in Libya. The new surcharge is $250 per 20-foot equivalent unit, up from $85 per TEU imposed earlier. The revision is slated to take effect June 30 on all non-U.S. trade routes, and Aug. 1 for the U.S.-related trades. 

 

The Journal of Commerce Online

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