Tag / Iraq
News • Jul 08, 2019 18:50 GMT
Panalpina, the world’s fourth largest provider of ocean freight services is applying a War Risk Surcharge for the Strait of Hormuz as a result of significantly increased insurance premiums for all vessel operators going through the busy waterway.
News • Aug 08, 2017 09:15 GMT
Panalpina has gained its largest award with a specific oil and gas major to date. The company was awarded with a long-term contract to manage transportation for a gas project in Iraq. The contract will run over a minimum of five years and involve high air and LCL (less than container load) ocean freight volumes. Work has already begun.