As of August 15th, 2017, all palm oil shipments ex both countries will be compensated up to USD 10,000 in the event of loss or damage of cargo during transportation.
An automatic prepaid surcharge of USD 10 per container will therefore be implemented for all shipments of palm oil ex Indonesia and Malaysia as follows:
- From Indonesia and Malaysia ports
- To Africa
- Quantum: Prepaid surcharge of USD 10 per 20′ / USD 10 per 40′
- Cargo: palm oil shipments
- Application: August 15th, 2017 (B/L date)