Maersk has announced a significant revision to its Cargo Insurance and Cargo Care rates for ocean shipments loaded or discharged in ports across Saudi Arabia, the United Arab Emirates, Lebanon, and Israel. According to the carrier, this rate increase reflects the heightened risks of cargo damage in these specific markets, prompting an upward adjustment across all coverage tiers.
Shippers must factor these new costs into their logistics budgets based on the following timeline:
Non FMC Trade Lanes: Effective starting April 13, 2026.
FMC Regulated Trades: Effective starting May 13, 2026. These revised rates will remain in place until further notice.
Revised Maersk Cargo Insurance Rates Depending on the selected coverage package, shippers will see the following new ranges for cargo insurance:
Dry Shipments: USD 290 to USD 1,596 for Saudi Arabia and Lebanon; USD 309 to USD 1,696 for Israel and the UAE.
Temperature Controlled Cargo: USD 480 to USD 2,599 for Saudi Arabia and Lebanon; USD 499 to USD 2,699 for Israel and the UAE.
Property Coverage: Basic packages are set at USD 1,214 and USD 1,259, while premium options will cost USD 1,909 and USD 1,969, depending on the exact origin and destination.
Revised Maersk Cargo Care Rates Cargo Care packages have also seen an upward revision across the board:
Dry Shipments: USD 268 to USD 1,368 for Saudi Arabia and Lebanon; USD 287 to USD 1,468 for Israel and the UAE.
Temperature Controlled Cargo: USD 280 to USD 1,679 for Saudi Arabia and Lebanon; USD 299 to USD 1,779 for Israel and the UAE.
Property Cargo Care: Ranging between USD 770 and USD 1,110 for Saudi Arabia and Lebanon, and between USD 815 and USD 1,170 for Israel and the UAE.
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Booking Application and Surcharges Maersk clarified how these rates will be applied to different booking types. For non spot bookings, rates are determined by the price calculation date (the scheduled departure date of the first ocean leg for non FMC trades, and the last container gate in date for FMC trades). For spot bookings, the applicable rate is locked in based on the booking confirmation date.
The carrier noted that these revised rates are subject to additional local and contingency surcharges and remain completely independent of any tariffs filed under local regulatory requirements.