This shipping company will add war risk surcharges!
Herbert recently announced that starting from January 1, 2024, a War Risk Surcharge (WRS) will be imposed on goods traveling to and from Israel, which will apply to all containers and types of goods.
Herbert stated that for goods on routes between Nordic or Mediterranean countries and Israel, the war risk surcharge will be $40/TEU; For goods traveling between other regions to and from Israel, a war risk surcharge of $80/TEU will be charged.
The geographical scope of the Mediterranean Sea and Northern Europe includes: Britain, Ireland, Belfim, Luxembourg, the Netherlands, France, Augustia, Switzerland, the Czech Republic, Germany, Slovakia, Belarus, Estonia, Latvia, Lithuania, Denmark, Finland, Poland, Sweden, Iceland, Norway, Spain, Portugal, Italy, Slovenia, Croatia, Albania, Bulgaria, Romania, Ukraine, Georgia, Israel, Lebanon, Cyprus, Syria, Türkiye.
Starting from January 1, 2024, all freight forwarders need to pay attention to the war risk surcharges of Herbert when booking cabin in the above areas.
For shippers, it is also important to understand what war risk surcharges are, as well as the scope and standards of the fees.
What is War Risk Surcharge?
WRS stands for War Risk Surcharge in English, which means "War Risk Surcharge".
WRS costs refer to additional costs incurred during the import or export of goods due to uncertain factors such as war, politics, and social unrest along the transportation route.
These fees usually include insurance premiums for ships and goods in high-risk areas, the cost of special safety measures, etc., which are collected by shipping companies from customers (such as importers or exporters).