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            october 21, 2019

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Busworld 2019

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Maersk joins other major carriers


Denmark's shipping giant Maersk Line has joined other major carriers in applying congestion surcharges, its being US$60 per TEU and $120 per FEU and 40-foot high-cube for cargo discharged at Nhava Sheva and bound for inland container depots from there.
APL, NYK Line, Hyundai Merchant Marine and Wan Hai Lines recently levied a US$150 per TEU and $300 per FEU for all inbound containers shipped through the port near Mumbai as a backlog builds in the face of the port's inability to cope with rising volume.
The Maersk surcharge is effective for all, but US trades from July 20. Surcharges on trades covered by the Federal Maritime Commission are effective August 16.
The port "is facing severe congestion; which unfortunately causes inconveniences and delays," Maersk Line said.
The other shipping lines, in notices to the trade, have said they have imposed surcharges to recover the incremental costs incurred as a result of the congestion at the port, reported Livemint the Wall Street Journal.

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