Red Sea & Suez Update II

The situation and operations for carriers in the Red Sea / Suez area remains fluid, as is the service and routing options that the carriers are able to operate. As previously advised, we implemented GRIs and Operational Cost Recovery Surcharges to reflect the higher costs we are experiencing from the carriers. We committed to work closely with the carriers and mitigate these costs where we can. The evolving circumstances of the past week necessitate revisions and additions to charges effective for sailings from February 19th, 2024.

Source picture: Khaled Desouki/AFP via Getty Images