Emergency Risk Surcharge (EMC) for UAE, Saudi Arabia and Middle East
Emergency Risk Surcharge (EMC)
for UAE, Saudi Arabia and Middle East
Taking into consideration of the tensions in the Straits of Hormuz area and increasing operating & insurance costs of our services, OOCL will implement an Emergency Risk Surcharge (EMC) in order to recover the additional cost incurred, for all cargoes both Australia and New Zealand shipments to and from UAE, Saudi Arabia and Middle East with details as follows:
Southbound
Origin: UAE, Oman, Qatar, Bahrain, Saudi Arabia (except Jeddah), Kuwait and Iraq
Destination: Australia and New Zealand
Quantum: US$50 per TEU
Effective date: 15th July 2019 based on onboard date
Payment Term: freight payer
Northbound
Origin: Australia and New Zealand
Destination: UAE, Oman, Qatar, Bahrain, Saudi Arabia (except Jeddah), Kuwait and Iraq
Quantum: US$50/TEU
Effective date: 5th August 2019 based on onboard date
Payment Term: Freight payer
Should you have any questions, please do not hesitate to contact your local Sales Executive at OOCL.
Thank you for your understanding and continued support of OOCL.
Yours faithfully,
OOCL (Australia) Pty Ltd.