Apr 10, 2011

Shipping lines raise emergency security fees over pirate raids



The cost of imported goods is set to rise following decision by shipping lines to more than double fees charged to facilitate emergency security measures in case of pirate attacks.
The shipping lines have announced that they will increase the emergency surcharge fee per container from Sh16,740 to Sh41,550, a 150 per cent jump.
[Read More]
Source: Business Daily

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