Panalpina sets war risk surcharge on Strait of Hormuz shipments
Panalpina’s in-house carrier Pantainer Express Line decides to levy a flat surcharge of $52 per teu for full container load shipments transiting the Strait of Hormuz, according to a statement published on the parent company’s website
‘Now that shipping lines have added insurance-related surcharges for such shipments, we have to pass these costs on to stay competitive,’ says ocean freight head Peder Winther
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