News / Israel-Hamas war driving up costs for carriers and their customers

Photo 96666361 / Cargo © Ram Das | Dreamstime.com

Maersk has followed Zim and Hapag-Lloyd in introducing an emergency risk surcharge (ERS) for cargo discharged at Israeli ports, amid the conflict in Gaza. 

Last week, it announced: “Additional insurance has enabled us to keep operations moving as steadily as possible and secure capacity in the market for our customers over the final three months of the year. 

“Moving into 2024, insurance premiums continue to be raised for vessels bound for Israel, which has brought about the need for Maersk to officially ...