Due to the recent incidents in the Strait of Hormuz and the significantly increasing insurance costs in the Middle East region, APL is implementing War Risk Surcharge based on the scope below.
Effective date for all trades excluding U.S. and China: 5 July 2019
Effective date for U.S. and China: 1 August 2019
Origin/destination: Oman, United Arab Emirates, Qatar, Bahrain, Saudi Arabia (Dammam and Jubail), Kuwait, Iraq
Quantum: USD36/TEU
Notes:
1. Effective dates are based on BL dates.
2....
https://container-news.com/more-liners-implement-war-risk-surcharges-middle-east/