Close Menu
newzz.net
    Facebook X (Twitter) Instagram
    Trending
    • The 50-inch Fire TV Omni QLED is 43% off while this record-low deal lasts
    • Prosus to invest $100 million in Sachin Bansal’s Navi in first institutional fundraise
    • Wisconsin Farms & Ranches Earn Audubon Bird-Friendly Land Certification
    • Dunelm's 'classy' storage footstool slashed to £99 in four colour options
    • Sony’s CEO says the PS6 launch date and price are still undecided
    • LEO satellites move from data collectors to intelligent computing nodes
    • Starting a Cannabis Grow Business in Oklahoma (2026 Guide): Licenses, Costs, and Selling to Dispensaries
    • The ecological impact of global wildfires and extreme heat – latest updates  – A greener life, a greener world
    newzz.net
    Wednesday, August 19
    • Home
    • Top Stories
    • Technology
    • Business
    • Politics
    • Health
    • Loans
    • Interest Rates
    • Mortgage
    • Entertainment & Arts
    • Science & Environment
    • Smart Solutions
    newzz.net
    You are at:Home»Business»Maersk raises emergency surcharge on India-Europe shipments from August 1
    Business

    Maersk raises emergency surcharge on India-Europe shipments from August 1

    Editorial TeamBy Editorial TeamJuly 17, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Maersk raises emergency surcharge on India-Europe shipments from August 1

     Europe is a key export market for Indian products such as textiles, auto components, leather goods and pharmaceuticals.

     Europe is a key export market for Indian products such as textiles, auto components, leather goods and pharmaceuticals.
    | Photo Credit:
    LEON KUEGELER

    Global container shipping line Maersk has raised its Emergency Contingency Surcharge (ECS) on cargo moving from the Indian Subcontinent to North Europe, effective August 1, in a move that is expected to increase logistics costs for Indian exporters.

    For cargo originating from South and East India — including Chennai, Kattupalli, Thoothukudi and Visakhapatnam — the ECS for shipments to North Europe will increase to $3,800 per 20-foot container (TEU) from $2,800. For cargo from North West India, covering Mundra, Jawaharlal Nehru Port, Hazira and Pipavav, the surcharge will rise to $3,500 per TEU from $2,500.

    The Danish major Maersk is one of the largest container shipping lines operating in India.

    Key export market

    Industry sources said the surcharge hike comes at a time when India has concluded its free trade agreement with the UK and is nearing the finalisation of a trade pact with the European Union. Europe is a key export market for Indian products such as textiles, auto components, leather goods and pharmaceuticals.

    They said the higher surcharge would raise overall logistics costs and other shipping lines are also expected to revise similar contingency charges to offset the higher risks and operating costs associated with current trade disruptions.

    To double freight costs

    N Thirukkumaran, Chairman of Tiruppur-based Esstee Exports India Ltd, said the revised ECS would effectively double freight costs for shipments to North Europe. “After the ECS, the freight for a TEU to North Europe will increase to about $6,400. Before the West Asia crisis, freight was around $1,700, which doubled over the last three months and will now rise sharply again because of the ECS,” he said.

    Sharmindar Saravanan, Managing Director of Chennai-based SSK Smart Move Logistics Pvt Ltd, said the increase would particularly hurt exporters operating on thin margins. “While large exporters may be able to absorb part of the increase, SMEs are likely to face greater pricing pressure in international markets,” he said.

    Vivek Raja of Pearl Shipping, Thoothukudi, said the higher ECS reflected continued operational challenges faced by container carriers, including network disruptions, longer voyage times, port congestion and higher operating expenses arising from ongoing uncertainty in the Gulf region.

    Although the ECS is only one component of total freight charges, it will increase overall shipping costs, particularly for low-margin commodities, he said. Exporters may have to absorb the additional expense or renegotiate prices with overseas buyers, he added.

    Published on July 17, 2026

    August Emergency IndiaEurope Maersk raises shipments surcharge
    Previous ArticleWait—Do Woodpeckers Kill Trees? | Audubon
    Next Article Release Details and Key Specs
    Editorial Team
    • Website

    Related Posts

    Prosus to invest $100 million in Sachin Bansal’s Navi in first institutional fundraise

    LEO satellites move from data collectors to intelligent computing nodes

    Wearable shipments fall 2% as basic smartwatches lose ground

    Comments are closed.

    • Facebook
    • Twitter
    • Instagram
    • Pinterest
    Don't Miss

    The 50-inch Fire TV Omni QLED is 43% off while this record-low deal lasts

    Prosus to invest $100 million in Sachin Bansal’s Navi in first institutional fundraise

    Wisconsin Farms & Ranches Earn Audubon Bird-Friendly Land Certification

    Dunelm's 'classy' storage footstool slashed to £99 in four colour options

    About

    Welcome to Newzz.net, your trusted source for timely, accurate, and insightful news from around the world. We are dedicated to delivering the latest updates and in-depth analysis across a wide range of topics, ensuring our readers stay informed, empowered, and engaged.
    We're social, connect with us:

    Popular Posts

    The 50-inch Fire TV Omni QLED is 43% off while this record-low deal lasts

    August 19, 2026

    Prosus to invest $100 million in Sachin Bansal’s Navi in first institutional fundraise

    August 19, 2026

    Wisconsin Farms & Ranches Earn Audubon Bird-Friendly Land Certification

    August 19, 2026
    Categories
    • Business
    • Entertainment & Arts
    • Health
    • Interest Rates
    • Loans
    • Mortgage
    • Politics
    • Science & Environment
    • Smart Solutions
    • Technology
    • Top Stories
    Copyright © 2026. newzz.net Designed by Webwazirds7.
    • About Us
    • Privacy Policy
    • Terms and Conditions
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.