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International Containers Ports and Logistics

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

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‘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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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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