Shipments to Israel declare force majeure

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Taiwanese container shipping line Evergreen has declared force majeure on a shipment to the Israeli port of Ashdod due to safety concerns. The Ever Cozy vessel has been diverted to Haifa further north and is one of the first force majeure declared since the recent hostilities between Hamas Islamists and Israel. Evergreen cited the “persisting unsafe situation” at Ashdod port as the reason for the declaration. All cargoes originally destined for Ashdod will now be discharged at the Port of Haifa, and the contract of carriage is terminated. Meanwhile, there have been concerns about escalating hostilities in the region, leading to a significant increase in war risk insurance rates for Israeli ports.

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