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You are, no doubt, aware of the developments in the current situation in the Arabian Persian Gulf Area. As a result, we now see a notable impact on our cost base for our shipping and logistic activities. Accordingly, to cover this cost increase, Maersk is introducing the Gulf Emergency Risk Surcharge (GRS) for ALL Cargo to/from Saudi Arabia (Easter province, i.e. Damman & Jubail), Bahrain, Qatar, UAE, Kuwait, Iraq and Oman (only Sohar and Muscat ports), effective 10th July for non-regulated corridors and 1st August for regulated corridors.

The new tariffs will be as follows:

For your reference, we have also included the levels and rate structure for some sample corridors to/from Europe valid from today until further notice. These may be subject to future change; however we will make sure to notify you accordingly.

Notes:

• The above rates are also subject to other applicable surcharges, including local charges and contingency charges.
• The above surcharge acronyms mean: OF (Ocean Freight), OHC (Origin Terminal Handling Charge), DHC (Destination Terminal Handling Charge), ERS (Emergency Risk Surcharge), BAF (Bunker Adjustment Factor), LSS (Low Sulphur Surcharge) and PSS (Peak Season Surcharge).
• These rates are unaffected by, and do not affect, any tariff notified, published or filed in accordance with local regulatory requirements.
• For trades subject to the US Shipping Act or the China Maritime Regulations, quotations or surcharges that vary from the Maersk tariff shall not be binding on Maersk unless included in a service contract or service contract amendment that has been filed with the Federal Maritime Commission (FMC) or the Shanghai Shipping Exchange, as applicable.

We appreciate your business and look forward to continuing working with you in the future.