Implementation of War Risk Surcharge

8th July 2019

 

Implementation of War Risk Surcharge

Dear Valued Customer,

Due to the escalating geopolitical risks and tensions in the Middle East Region, additional charges have been imposed by third party carriers to and from this region. As a result of these charges, Swire Shipping wishes to implement a War Risk Surcharge (WRS). 

The WRS charge will be payable together with the ocean freight, and the application of the surcharge is as follow: 

From/To: Oman, the UAE, Qatar, Saudi Arabia, Kuwait 

Quantum: USD35 per TEU, USD2 per RT for breakbulk

Effective: 12th July 2019 (Bill of Lading Date)

Exceptions: Cargo from/to Guam, Saipan and America Samoa, which will be effective 5th August 2019 instead

Swire Shipping will continue to monitor the application of this charge, and may revise the WRS accordingly.  

Swire Shipping appreciates your continued support. Please contact your local customer service representative should you have any questions.

 

Yours sincerely,

Swire Shipping