War Risk Surcharge
The War Risk Surcharge is an additional fee applied by shipping companies to cover increased insurance costs and security risks when transporting goods through high-risk regions affected by war, civil unrest, or piracy. This surcharge ensures that vessels passing through such areas maintain adequate coverage against potential damages or losses. The fee varies depending on the route and the level of threat. Shippers should factor this surcharge into their logistics planning when transporting goods through conflict-prone regions.
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