Geopolitics

Maersk (MAERSKB DC) notes continued Strait of Hormuz disruption and regional port congestion are impacting on cargo movements and delivery timelines

ORIGINAL · NewsquawkMaersk (MAERSKB DC) notes continued Strait of Hormuz disruption and regional port congestion are impacting on cargo movements and delivery timelinesRead originalHide original

"Due to the evolving situation in the Middle East and the resulting increase in fuel related costs, we will be adjusting our inland fuel surcharge. This temporary measure is necessary to ensure continuity and efficiency in the services we provide with potential changes in subsequent weeks depending on market conditions."

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Maersk reports cargo and delivery impacts from Strait of Hormuz disruption and regional port congestion, and a temporary inland fuel surcharge adjustment tied to fuel-related cost increases.

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"Due to the evolving situation in the Middle East and the resulting increase in fuel related costs, we will be adjusting our inland fuel surcharge. This temporary measure is necessary to ensure continuity and efficiency in the services we provide with potential changes in subsequent weeks depending on market conditions."

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