Audio By Carbonatix
Shipping company MSC said on Thursday it would implement a "war surcharge" for cargoes moving to African nations and Indian Ocean islands from the Indian subcontinent and the Gulf countries.
This comes after maritime traffic was affected in the Straits of Hormuz and Bab El-Mandeb.
The surcharges, effective on Thursday, apply to cargoes from the Indian subcontinent to East Africa, Somalia, Mozambique and Indian Ocean islands, as well as from the Gulf nations to West Africa, East Africa, South Africa, Mozambique and the Indian Ocean islands, MSC said.
The surcharge for cargoes from the Indian subcontinent will be $500 per 20-foot equivalent unit (TEU) for dry containers and $1,000 per TEU for refrigerated containers, MSC said.
The shipping company said it will charge $2,000 for 20-foot containers, $3,000 for 40-foot containers and $4,000 for refrigerated containers on cargoes from Gulf nations to African countries.
Latest Stories
-
Seventeen months on, Mahama’s pledge to end Accra floods runs dry
23 minutes -
AWLA-Ghana holds consultative forum to shape National Family Law and Justice Conference
36 minutes -
Nigerian youths: Stop facebooking and face the book
39 minutes -
Leadership, Accountability, and the KATH CEO suspension: Reflections on Ghana’s healthcare governance
48 minutes -
Government repatriates 327 stranded Ghanaians from Côte d’Ivoire
1 hour -
World Cup qualification will deliver significant economic benefits to Ghana
1 hour -
ASEC urges major reforms after Akosombo Substation fire investigation
1 hour -
NDC achieved democratic objective with presidential term limit—Majority Leader
1 hour -
From Humble Beginnings to Public Service and the Global Stage: The journey of Emmanuel Kwame Agyemang
1 hour -
Bank of Africa partners schools nationwide for tree planting, promotes financial inclusion through education
2 hours -
Inflation could be coming down due to expected harvest season – Government Statistician
2 hours -
Croatia World Cup 2026 team guide
2 hours -
England World Cup 2026 team guide
2 hours -
The Law 101 – Plea Deals: Justice made swifter and surer
2 hours -
Panama World Cup 2026 team guide
2 hours