Brazil – Implementation of Emergency Draft Surcharge

15 October 2010

The water level on the Amazon river has depleted considerably in recent weeks. As a result of this, vessels have been forced to reduce their capacity intake by almost 50%, a move which has led to immense cargo build up in Panama and disrupted normal trade flows.

In response to this situation, Maersk Line will introduce an Emergency Draft Surcharge effective of USD 500 per twenty-foot equivalent unit (TEU), valid from 18 October 2010 on all shipments to Manaus, Brazil.

We look forward to lifting the surcharge as soon as the cargo build up eases and the situation improves. We remain committed to maintaining the service level and coverage our customers have come to expect from Maersk Line.

Kind Regards,
Maersk Line

Maersk Line, press release