Announcement of charges in relation to Red Sea / Gulf of Aden situation - from Far East Asia

As of 19 December2023, Maersk announced that all its vessels will be temporarily diverted around the Cape of Good Hope due to the situation in the Red Sea / Gulf of Aden.

As we shared in our 6 May update, the complexity of the situation in Red Sea and the ripple effects on global supply chains have intensified in recent months causing industry-wide disruptions

Despite hopes that the situation would improve, we continue to face additional challenges and costs. These include but are not limited to the costs of the longer journeys and increased sailing speed to make up for delays. This has led to additional fuel costs and high charter rates, while operational bottlenecks have absorbed and reduced available capacity. We are doing what we can to add further capacity to our routes, in line with our customers’ needs. So far, we have leased more than 125,000 additional containers and have increased our sailing speed, as well as organised our fleet to enhance capacity where possible.

Consequently, some surcharges will increase temporarily, as shown in the table below. For the trades not mentioned, there will be no changes for now to the Peak Season Surcharge (PSS) and Temporary Disruption Surcharge (TDS) beyond those previously announced on 16 May.

If you have any questions, please contact your local Maersk representative.

Peak Season Surcharge (PSS)

* Subject to any required regulatory approvals and notice periods, after which the surcharge will apply.

If any rate changes in the advisory, it is effective from the date of the new advisory unless specifically mentioned as a different effective date.

PSS will be applied to all cargoes on the trades mentioned above regardless of vessel routings.

The rates apply to all OOG,SOC and NOR containers also. So 40 Flat/Open/NOR will have the same rate as 40 Dry.

On 5 January 2024, Maersk announced, that to prioritize the safety of our seafarers and your cargo, and in the light of the risks, delays and difficulties associated with transiting the Red Sea / Gulf of Aden, all its vessels will be temporarily diverted around the Cape of Good Hope for the foreseeable future. By temporarily suspending voyages through the Red Sea / Gulf of Aden, we hope to bring our customers more consistency and predictability despite the associated delays that come with the re-routing. However, this has ultimately brought about increased costs as we try to mitigate the severe disruptions and ripple effects of the ongoing situation.

As previously mentioned in our advisory, our teams will continue to evaluate the impact of the situation and review the surcharges depending on the circumstances.

Basis the current review, we notice significant further disruptions on the below mentioned trades. Hence please find the changes to the Peak Season surcharges (PSS) for the trades mentioned in the table below.

For the trades not mentioned in today’s advisory, there will be NO changes to the rate levels for PSS and TDS beyond what was previously announced in our advisory updated further below on this page.

Please note that the rate applicable for Maersk SPOT and Maersk GO bookings have been adjusted to reflect circumstances at the time of booking. The current rate for TDS, ECS and PSS will not be added unless expressly stated in the price breakdown. For contracts with less than 1M validity & OOG, please consult your sales representatives on the applicability of ECS and PSS.

We appreciate your trust, loyalty and understanding during such challenging times. Our teams are here to serve you, so if you have any questions, please don’t hesitate to reach out to your local Maersk representative.

Peak Season Surcharge (PSS)

These changes are subject to any required regulatory approvals and notice periods, after which the surcharge will apply.

In this ever-evolving environment, surcharges are being reviewed regularly. You will see relevant surcharges on your latest invoices and we will keep you updated of any further changes.

You can find the latest information, including service updates and surcharges, on our dedicated Red Sea / Gulf of Aden page on Maersk.com.

If you have any further questions, please contact your local Maersk office. They are standing by to help and can offer more information on the options available to you.

Thank you for your understanding during this time. We remain committed to supporting you and your business with all your supply chain needs.

On 5 January 2024, Maersk announced, that to prioritize the safety of our seafarers and your cargo, and in the light of the risks, delays and difficulties associated with transiting the Red Sea / Gulf of Aden, all its vessels will be temporarily diverted around the Cape of Good Hope for the foreseeable future. By temporarily suspending voyages through the Red Sea / Gulf of Aden, we hope to bring our customers more consistency and predictability despite the associated delays that come with the re-routing. However, this has ultimately brought about increased costs as we try to mitigate the severe disruptions and ripple effects of the ongoing situation.

As previously mentioned in our advisory, our teams will continue to evaluate the impact of the situation and review the surcharges depending on the circumstances.

Basis the recent review, please find the changes to the Peak Season Surcharge (PSS) for certain trades mentioned in the table below.

For the trades not mentioned in today’s advisory, there will be NO changes to the rate levels for PSS and TDS beyond what was previously announced in our advisory updated further below on this page.

Please note that the rate applicable for Maersk SPOT and Maersk GO bookings have been adjusted to reflect circumstances at the time of booking. The current rate for TDS, ECS and PSS will not be added unless expressly stated in the price breakdown. For contracts with less than 1M validity & OOG, please consult your sales representatives on the applicability of ECS and PSS.

We appreciate your trust, loyalty and understanding during such challenging times. Our teams are here to serve you, so if you have any questions, please don’t hesitate to reach out to your local Maersk representative.

Peak Season Surcharge (PSS)

* Subject to any required regulatory approvals and notice periods, after which the surcharge will apply.

If any rate changes in the advisory, it is effective from the date of the new advisory unless specifically mentioned as a different effective date.

PSS will be applied to all cargoes on the trades mentioned above regardless of vessel routings.

The rates apply to all OOG,SOC and NOR containers also. So 40 Flat/Open/NOR will have the same rate as 40 Dry.

On 5 January 2024, Maersk announced, that to prioritize the safety of our seafarers and your cargo, and in the light of the risks, delays and difficulties associated with transiting the Red Sea / Gulf of Aden, all its vessels will be temporarily diverted around the Cape of Good Hope for the foreseeable future. By temporarily suspending voyages through the Red Sea / Gulf of Aden, we hope to bring our customers more consistency and predictability despite the associated delays that come with the re-routing. However, this has ultimately brought about increased costs as we try to mitigate the severe disruptions and ripple effects of the ongoing situation.

As previously mentioned in our advisory, our teams will continue to evaluate the impact of the situation and review the surcharges depending on the circumstances.

Basis the recent review, please find the changes to the Peak Season Surcharge (PSS) for certain trades mentioned in the table below.

For the trades not mentioned in today’s advisory, there will be NO changes to the rate levels for PSS and TDS beyond what was previously announced in our advisory updated further below on this page.

Please note that the rate applicable for Maersk SPOT and Maersk GO bookings have been adjusted to reflect circumstances at the time of booking. The current rate for TDS, ECS and PSS will not be added unless expressly stated in the price breakdown. For contracts with less than 1M validity & OOG, please consult your sales representatives on the applicability of ECS and PSS.

We appreciate your trust, loyalty and understanding during such challenging times. Our teams are here to serve you, so if you have any questions, please don’t hesitate to reach out to your local Maersk representative.

Peak Season Surcharge (PSS)

* Subject to any required regulatory approvals and notice periods, after which the surcharge will apply.

If any rate changes in the advisory, it is effective from the date of the new advisory unless specifically mentioned as a different effective date.

PSS will be applied to all cargoes on the trades mentioned above regardless of vessel routings.

The rates apply to all OOG,SOC and NOR containers also. So 40 Flat/Open/NOR will have the same rate as 40 Dry.

On 5 January 2024, Maersk announced, that to prioritize the safety of our seafarers and your cargo, and in the light of the risks, delays and difficulties associated with transiting the Red Sea / Gulf of Aden, all its vessels will be temporarily diverted around the Cape of Good Hope for the foreseeable future. By temporarily suspending voyages through the Red Sea / Gulf of Aden, we hope to bring our customers more consistency and predictability despite the associated delays that come with the re-routing. However, this has ultimately brought about increased costs as we try to mitigate the severe disruptions and ripple effects of the ongoing situation.

As previously mentioned in our advisory, our teams will continue to evaluate the impact of the situation and review the surcharges depending on the circumstances.

Basis the recent review, please find the changes to the Peak Season Surcharge (PSS) for certain trades mentioned in the table below.

For the trades not mentioned in today’s advisory, there will be NO changes to the rate levels for PSS and TDS beyond what was previously announced in our advisory updated further below on this page.

Please note that the rate applicable for Maersk SPOT and Maersk GO bookings have been adjusted to reflect circumstances at the time of booking. The current rate for TDS, ECS and PSS will not be added unless expressly stated in the price breakdown. For contracts with less than 1M validity & OOG, please consult your sales representatives on the applicability of ECS and PSS.

We appreciate your trust, loyalty and understanding during such challenging times. Our teams are here to serve you, so if you have any questions, please don’t hesitate to reach out to your local Maersk representative.

Peak Season Surcharge (PSS)

* Subject to any required regulatory approvals and notice periods, after which the surcharge will apply.

If any rate changes in the advisory, it is effective from the date of the new advisory unless specifically mentioned as a different effective date.

PSS will be applied to all cargoes on the trades mentioned above regardless of vessel routings.

The rates apply to all OOG and SOC containers also. So 40 Flat/Open or SOC will have the same rate as 40 Dry.

On 5 January 2024, Maersk announced, that to prioritize the safety of our seafarers and your cargo, and in the light of the risks, delays and difficulties associated with transiting the Red Sea / Gulf of Aden, all its vessels will be temporarily diverted around the Cape of Good Hope for the foreseeable future. By temporarily suspending voyages through the Red Sea / Gulf of Aden, we hope to bring our customers more consistency and predictability despite the associated delays that come with the re-routing. However, this has ultimately brought about increased costs as we try to mitigate the severe disruptions and ripple effects of the ongoing situation.

As previously mentioned in our advisory, our teams will continue to evaluate the impact of the situation and review the surcharges depending on the circumstances.

Basis the recent review, please find the changes to the Peak Season Surcharge (PSS) for certain trades mentioned in the table below.

For the trades not mentioned in today’s advisory, there will be NO changes to the rate levels for PSS and TDS beyond what was previously announced in our advisory updated on 4 January. You can find that advisory further below on this page.

Please note that the rate applicable for Maersk SPOT and Maersk GO bookings have been adjusted to reflect circumstances at the time of booking. The current rate for TDS, ECS and PSS will not be added unless expressly stated in the price breakdown. For contracts with less than 1M validity & OOG, please consult your sales representatives on the applicability of ECS and PSS.

We appreciate your trust, loyalty and understanding during such challenging times. Our teams are here to serve you, so if you have any questions, please don’t hesitate to reach out to your local Maersk representative.

Peak Season Surcharge (PSS) - Price calculation date (PCD) 1 January 2024 until further notice

* Subject to any required regulatory approvals and notice periods, after which the surcharge will apply.

If any rate changes in the advisory, it is effective from the date of the new advisory unless specifically mentioned as a different effective date.

PSS will be applied to all cargoes on the trades mentioned above regardless of vessel routings.

The rates apply to all OOG and SOC containers also. So 40 Flat/Open or SOC will have the same rate as 40 Dry.

The A.P. Moller – Maersk group (“Maersk”) is continuing to monitor developments around the Red Sea / Gulf of Aden and making carefully considered changes to services to ensure the safety of our seafarers, vessels and customers’ cargo.

After pausing vessels in the area over the highly escalated security situation, Maersk announced on Tuesday 19 December 2023 that previously paused vessels would be diverted around the Cape of Good Hope for safety reasons and future services would also be the subject of a security evaluation to determine necessary contingencies. This decision was made in the light of the risks, delays and difficulties associated with transiting the Red Sea / Gulf of Aden at this time.

Diverting vessels around the Cape of Good Hope to mitigate the ongoing risks of sailing through the region is a necessary step in the interest of safety, but it has ultimately brought about increased costs for carriers. As such, Maersk is invoking Clause 20(a) of the Terms for Carriage and Clause 22(a) of the House Bill of Lading (whichever is appropriate to the relevant carriage) in order to recover these costs.

The additional freight and costs of carriage under Clause 20(a) of the Terms for Carriage and Clause 22(a) of the House Bill of Lading are set out in the table below. These additional charges are effective immediately until further notice and will apply to bookings from Far East Asia that are subject to diversion. This includes shipments already ‘on the water’ that have been or will be diverted. It will be presented as Transit Disruption Surcharge (TDS) on customer invoices.

In addition, due to severe operational disruption, Maersk is announcing a Peak Season Surcharge (PSS) as set out in the table below until further notice*. This is applicable from 1st January 2024, on all existing and new contracts starting based on market specific price calculation date which in most markets is estimated departure date or gate in of last container on the shipment (subject to any required regulatory approvals and notice periods). Our teams will continue to evaluate the impact of the situation and hope to withdraw surcharges as soon as operationally feasible, however please note that they may also increase depending on the circumstances.

We will reach out to customers directly with more specific information related to your shipments as soon as possible.

We appreciate your trust, loyalty and understanding during such challenging times. Our teams are here to serve you, so if you have any questions, please don’t hesitate to reach out to your local Maersk representative.

Clause 20 – Transit Disruption Surcharge (TDS) – Effective immediately for cargo diverted from Suez

Peak Season Surcharge (PSS) - Price calculation date (PCD) 1 January 2024 until further notice

* Subject to any required regulatory approvals and notice periods, after which the surcharge will apply.

If any rate changes in the advisory, it is effective from the date of the new advisory unless specifically mentioned as a different effective date.

PSS will be applied to all cargoes on the trades mentioned above regardless of vessel routings.

The rates apply to all OOG and SOC containers also. So 40 Flat/Open or SOC will have the same rate as 40 Dry.

The A.P. Moller – Maersk group (“Maersk”) is continuing to monitor developments around the Red Sea / Gulf of Aden and making carefully considered changes to services to ensure the safety of our seafarers, vessels and customers’ cargo.

After pausing vessels in the area over the highly escalated security situation, Maersk announced on Tuesday 19 December 2023 that previously paused vessels would be diverted around the Cape of Good Hope for safety reasons and future services would also be the subject of a security evaluation to determine necessary contingencies. This decision was made in the light of the risks, delays and difficulties associated with transiting the Red Sea / Gulf of Aden at this time.

Diverting vessels around the Cape of Good Hope to mitigate the ongoing risks of sailing through the region is a necessary step in the interest of safety, but it has ultimately brought about increased costs for carriers. As such, Maersk is invoking Clause 20(a) of the Terms for Carriage and Clause 22(a) of the House Bill of Lading (whichever is appropriate to the relevant carriage) in order to recover these costs.

The additional freight and costs of carriage under Clause 20(a) of the Terms for Carriage and Clause 22(a) of the House Bill of Lading are set out in the table below. These additional charges are effective immediately until further notice and will apply to bookings to and from Far East Asia that are subject to diversion. It will be presented as Transit Disruption Surcharge (TDS) on customer invoices.

In addition, due to severe operational disruption, Maersk is announcing a Peak Season Surcharge (PSS) for selected markets, as set out in the table below. Our teams will continue to evaluate the impact of the situation and hope to withdraw surcharges as soon as operationally feasible, however please note that they may also increase depending on the circumstances.

We will reach out to customers directly with more specific information related to your shipments as soon as possible.

We appreciate your trust, loyalty and understanding during such challenging times. Our teams are here to serve you, so if you have any questions, please don’t hesitate to reach out to your local Maersk representative.

Clause 20 – Transit Disruption Surcharge (TDS) – Effective immediately for cargo diverted from Suez

Peak Season Surcharge (PSS) - Price calculation date (PCD) 1January 2024 until further notice

* Subject to any required regulatory approvals and notice periods, after which the surcharge will apply.

If any rate changes in the advisory, it is effective from the date of the new advisory unless specifically mentioned as a different effective date.

PSS will be applied to all cargoes on the trades mentioned above regardless of vessel routings.

The rates apply to all OOG and SOC containers also. So 40 Flat/Open or SOC will have the same rate as 40 Dry.