COSCO to assess Middle East cargo risk fee
COSCO Container Lines said Friday it will begin assessing an 'emergency risk surcharge' on shipments between the Far East and Middle East and westbound from the Indian Subcontinent.
The fee, effective Tuesday, is $41 per TEU eastbound and westbound between the Far East and Middle East, and $21 per TEU for westbound shipments from the Indian Subcontinent to the Far East.
COSCO to assess Middle East cargo risk fee