As the crisis in the Red Sea channel continues to ferment in recent days, it means that the two important shortcuts in the global shipping industry - the Panama Canal and the Suez Canal, which operate 20% of global trade, are in trouble at the same time.
Recently, due to the inability to cope with the attacks by the Houthi armed forces in Yemen, more than 10 container shipping companies including the world's largest Maersk, CMA CGM, MSC, and Hapag-Lloyd have successively announced that their ships will no longer pass through the Red Sea-Suez Canal. , instead detoured around the Cape of Good Hope, increasing shipping costs.
Recently, shipping companies such as Maersk, CMA, and Hapag-Lloyd have once again notified that they will levy peak season surcharges and surcharges due to detouring around the Cape of Good Hope.
CMA imposes "Red Sea surcharge"
The CMA stated that from December 20, 2023, the RED SEA Charge "Red Sea Surcharge" will apply to cargo on board or loading and unloading to and from the Red Sea. Unless you decide to complete the bill of lading at a designated hub port, all cargo entering and exiting the Red Sea port will be levied. It will take effect immediately until further notice. USD 1,575 per 20-foot dry box, USD 2,700 per 40-foot dry box, USD 3,000 per refrigerated container and special equipment. Details are as follows:
