Notice for change in Invoice Lead time and alignment on the rate of exchange for Portugal

We are excited to announce that in November 2024, we will be upgrading our financial system to SAP S/4HANA. This upgrade will bring numerous benefits to our operations, allowing us to better serve you.

Please note that effective 12 November 2024, the invoicing process will feature a single rate of exchange (ROE) for Logistics & Services invoices aligned with the first invoice creation date for the service provided. The same ROE will also apply to all subsequent or reissued invoices, to ensure a more consistent experience. For tax reporting purposes, amounts will be reported in local currency as specified. This enhancement aims to provide you with a faster and more reliable invoicing experience that meets and exceeds your expectations.

Additionally, please note that the ROE will be sourced from an independent third-party service provider, LSEG, and you can also access them in MyFinance. Maersk may apply, at Maersk’s discretion, a conversion adjustment, which will be calculated as a percentage of the converted sum at the percentage value set out in the table available here.

If you have any questions about the above, please contact your regular contact person or the local Maersk office.

We appreciate your patience and understanding as we work to improve our financial system to better serve you.

This information is relevant for customers of Europe: Portugal