MSC Export Peak Season Surcharge & West Africa GRI - Market Update

Monday, March 1, 2021

Dear Customer,

As we continue to monitor the current market environment and the unprecedented demand for containerized movement, MSC (Mediterranean Shipping Company) has announced that they will apply a peak season surcharge from Canada to various shipping destinations. Amount/Region and Effective date outlined below:

MSC – PSS Surcharge

Canada to India/Pakistan
East Med (Cyprus, Egypt, Lebanon and Syria)
Middle East and the Red Sea (UAE, Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, Yemen, Sudan, Djibouti and Jordan)
Greece and Turkey
Black Sea (Bulgaria, Georgia, Moldova, Romania, Russia and Ukraine)
US $ 200/TEU
Effective March 8th 2021 sailing date

MSC – PSS Surcharge

Canada to the Far East via East Coast and West Coast
US $ 200/TEU
US $ 500/20’Reefer/40’ Reefer

Effective March 15th 2021 sailing date

MSC West Africa GRI

Canada to Nigeria
US $ 200/container
Canada to All Other West Africa Ports
US $ 100/container
Effective March 8th 2021 sailing date

We will continue to monitor this situation and will advise if there are any changes/mitigation/retraction with this market direction from MSC. As such, it is imperative that you start to incorporate these increases into your short-term pricing strategies as increases will be passed on accordingly.

If you have any questions, please contact your Hensall Global Account Representatives.

Sincerely,

HENSALL GLOBAL LOGISTICS

Posted By:

Hensall Admin at 2:10 PM

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MSC Export Peak Season Surcharge & West Africa GRI - Market Update