Maersk Line has announced it will increase its piracy risk surcharge 40% on April 1 to US$350 from the previous US$250 per FEU surcharge on trade between Europe, the Indian Ocean islands and East Africa. For Middle East-East Africa trade lanes, the surcharge will go to US$400 per FEU from US$250. Additionally, the new surcharge for US-East Africa strings will be US$400 per FEU, up from US$300.
Maersk hikes up piracy surcharge
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