Implementation of WRS in Bahrain
Please be informed that due to the heightened tensions at the Strait of Hormuz and the related significantly increasing insurance costs in the Middle East Gulf region, CMA CGM is to implement a War Risk Surcharge. Accordingly, same surcharge will apply for all shipments from/to Bahrain.
Effective date : 05-July-2019
Quantum : USD 36 per TEU
Kindly find official announcement in the below link.
https://www.cma-cgm.com/news/2634/war-risk-surcharge-in-the-middle-east