Euro Tariff Conversion in the Europe - Oceania trade

Thursday, February 07, 2008
With effect from April 1, Maersk Line will change the tariff currency from USD to Euro on its Europe - Oceania services. The change will apply to all shipments from Europe and North Africa for destinations in Oceania (Australia, New Zealand and the South Pacific Islands). The change is due to the volatility of the USD at a time where an increasingly high proportion of the line's costs are settled in Euro. The change will not apply to cargo originating in the Middle East and South Asia for destinations in Oceania nor will it be implemented in the northbound trade from Oceania to the Middle East, South Asia, and Europe. In these corridors we will maintain USD as our tariff currency.

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