A.P. Moller – Maersk teams have been monitoring the situation in Israel closely since October and taking action to ensure the safety of its employees and the overall efficiency of its customers’ supply chains.
Since the initial escalation in October, all vessels calling Israeli ports have been subject to an increased insurance premium due to the ongoing risk in and around the area. Covering the additional insurance has enabled us to keep operations moving as steadily as possible and secure capacity in the market for our customers over the final three months of the year.
Moving into 2024, insurance premiums continue to be raised for vessels bound for Israel, which has brought about the need for Maersk to officially implement an Emergency Risk Surcharge (ERS) for all customer cargo discharged at Israel terminals. ERS will be applied to Israel import cargo for bookings with a Price Calculation Date (PCD) from 8th January 2024 until further notice.
The surcharge will be used to accommodate additional insurance costs and ultimately ensure a continued and sustainable service for our customers to Israel. Please see the table below for full ERS details:
Surcharge Code / Surcharge Name | Scope | Effective Date | Container | Rate basis | Tariff |
---|---|---|---|---|---|
Surcharge Code / Surcharge Name
ERS / Emergency Risk Surcharge
|
Scope
From World to Israel (Haifa/Ashdod)
|
Effective Date
8th January 2024 PCD*, applicable to new bookings
|
Container
ALL 20’
|
Rate basis
per container
|
Tariff
USD 50
|
Surcharge Code / Surcharge Name
|
Scope
|
Effective Date
|
Container
ALL 40’ & 45’
|
Rate basis
per container
|
Tariff
USD 100
|
* PCD = Price Calculation Date. For non-FMC, PCD refers to the scheduled departure date of the first water leg at the time of booking confirmation for non-spot bookings. For FMC, PCD is last container gate-in date for non-spot bookings.
The surcharge code will be presented as ‘ERS’ on customer invoices and will be in place for as long as necessary to cover the increased insurance costs that we are incurring. When premiums return to previous levels, the surcharge will be withdrawn – our teams will continue to monitor the situation frequently in the hopes of removing the surcharge as soon as operationally feasible.
We appreciate your trust and loyalty through these challenging circumstances. Please rest assured that we will continue to do everything in our power to keep your supply chain moving seamlessly.
Should you have any questions, please don’t hesitate to reach out to your local Customer Experience representative.
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