MSC announces ECAF from North West continent ports, West Med, Scandinavia and Baltic Regions to/from Levant, Black Sea, Greece and Turkey

MSC will introduce an Emergency Currency Adjustment Factor (ECAF) from the 1st of November, the company said in its press release. The ECAF will be charged at 7% of ocean freight, and will be reviewed on a monthly basis. Adjustments will be made once a threshold of +/ - 1% is reached. The map indicates countries effected by the E CAF surcharge