
MSC will extend its Piracy Risk and Suez Canal surcharges to all remaining Mediterranean and Black Sea ports from November 15 for cargo moving from Asia. The combined charge is $91 per TEU, which the carrier links to security and piracy risks around the Arabian Peninsula.
Higher surcharges raise shipping costs for cargo arriving at Mediterranean and Black Sea ports, potentially increasing landed prices for imported feed commodities. The added charge is a meaningful cost for affected routes, but does not itself indicate a change in commodity supply.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.