{"id":125615,"date":"2026-03-17T09:26:04","date_gmt":"2026-03-17T12:26:04","guid":{"rendered":"https:\/\/shipping.einnews.com\/article\/899994260"},"modified":"2026-03-17T09:26:04","modified_gmt":"2026-03-17T12:26:04","slug":"singapore-sea-freight-companies-hit-with-50-fuel-surcharge-war-insurance-premium-also-jacking-up-costs","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/03\/17\/singapore-sea-freight-companies-hit-with-50-fuel-surcharge-war-insurance-premium-also-jacking-up-costs\/","title":{"rendered":"Singapore sea freight companies hit with 50% fuel surcharge; war insurance premium also jacking up costs"},"content":{"rendered":"<div><img data-opt-id=758893364  fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i0.wp.com\/cassette.sphdigital.com.sg\/image\/businesstimes\/3f24265cf5e8eb384fcfdd0c34233b60a4c0a5720184c4ad4199499ae55d2bf4?w=1200&f=webp&ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i0.wp.com\/cassette.sphdigital.com.sg\/image\/businesstimes\/3f24265cf5e8eb384fcfdd0c34233b60a4c0a5720184c4ad4199499ae55d2bf4?w=1200&f=webp&ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i0.wp.com\/cassette.sphdigital.com.sg\/image\/businesstimes\/3f24265cf5e8eb384fcfdd0c34233b60a4c0a5720184c4ad4199499ae55d2bf4?w=1200&f=webp&ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i0.wp.com\/cassette.sphdigital.com.sg\/image\/businesstimes\/3f24265cf5e8eb384fcfdd0c34233b60a4c0a5720184c4ad4199499ae55d2bf4?w=1200&f=webp&ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i0.wp.com\/cassette.sphdigital.com.sg\/image\/businesstimes\/3f24265cf5e8eb384fcfdd0c34233b60a4c0a5720184c4ad4199499ae55d2bf4?w=1200&f=webp&ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i0.wp.com\/cassette.sphdigital.com.sg\/image\/businesstimes\/3f24265cf5e8eb384fcfdd0c34233b60a4c0a5720184c4ad4199499ae55d2bf4?w=1200&f=webp&ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i0.wp.com\/cassette.sphdigital.com.sg\/image\/businesstimes\/3f24265cf5e8eb384fcfdd0c34233b60a4c0a5720184c4ad4199499ae55d2bf4?w=1200&f=webp&ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i0.wp.com\/cassette.sphdigital.com.sg\/image\/businesstimes\/3f24265cf5e8eb384fcfdd0c34233b60a4c0a5720184c4ad4199499ae55d2bf4?w=1200&f=webp&ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i0.wp.com\/cassette.sphdigital.com.sg\/image\/businesstimes\/3f24265cf5e8eb384fcfdd0c34233b60a4c0a5720184c4ad4199499ae55d2bf4?w=1200&f=webp&ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i0.wp.com\/cassette.sphdigital.com.sg\/image\/businesstimes\/3f24265cf5e8eb384fcfdd0c34233b60a4c0a5720184c4ad4199499ae55d2bf4?w=1200&f=webp&ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i0.wp.com\/cassette.sphdigital.com.sg\/image\/businesstimes\/3f24265cf5e8eb384fcfdd0c34233b60a4c0a5720184c4ad4199499ae55d2bf4?w=1200&f=webp&ssl=1&w=1600&resize=1600&ssl=1 1600w\" fifu-data-src=\"https:\/\/i0.wp.com\/cassette.sphdigital.com.sg\/image\/businesstimes\/3f24265cf5e8eb384fcfdd0c34233b60a4c0a5720184c4ad4199499ae55d2bf4?w=1200&f=webp&ssl=1\" class=\"ff-og-image-inserted\"><\/div>\n<p>One firm had to reroute cargo of used car parts to Dubai via India, raising the shipping cost five times <\/p>\n<div data-testid=\"article-body-container\">\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">[SINGAPORE] Sea cargo shipping is getting costlier, burdened by a host of surcharges stemming from higher oil prices in the wake of the <a class=\"text-verticals-btblue underline\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/www.businesstimes.com.sg\/international\/global\/shipping-lines-cut-middle-east-routes-posing-risk-trade-flows\" target=\"_blank\">Strait of Hormuz\u2019s de facto closure<\/a> amid the Middle East war. <\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Carriers have imposed several additional fees, ranging from emergency fuel costs to <a class=\"text-verticals-btblue underline\" data-testid=\"article-annotation-link-component\" href=\"https:\/\/www.businesstimes.com.sg\/international\/war-risk-insurance-returns-strait-hormuz-price\" target=\"_blank\">war risk premiums.<\/a><\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Vendors that provide towing services operated by diesel vehicles at depots are also passing on the extra fuel charges to shippers.<\/p>\n<div data-testid=\"article-btg-newsletter-component\" data-section-name=\"newsletter\" data-section-label=\"decoding asia 2\" class=\"track-impression border-t border-gray-175 py-3\">\n<div>\n<p class=\"font-lucida text-xl font-medium italic leading-normal -tracking-5% text-gray-850\">Decoding Asia newsletter: your guide to navigating Asia in a new global order. <span class=\"inline border-none p-0 font-lucida text-inherit text-xl font-medium italic leading-normal !-tracking-5% text-verticals-btblue !underline outline-none\">Sign up here to get Decoding Asia newsletter.<\/span> Delivered to your inbox. Free.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\"> <\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\"> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230; reroute <span class=\"match\">cargo<\/span> of used car parts to Dubai via India, raising the <span class=\"match\">shipping<\/span> &#8230; cost five times [SINGAPORE] Sea <span class=\"match\">cargo shipping<\/span> is getting costlier, burdened by a &#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-125615","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/125615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=125615"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/125615\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=125615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=125615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=125615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}