Oman Air Cargo to Introduce Fuel and War Risk Surcharges: What This Means for Your Shipping Costs and Business in Oman
In response to ongoing volatility in global aviation fuel markets and rising insurance costs linked to operations in high-risk or conflict-affected areas, Oman Air Cargo will implement a Fuel Surcharge and a War Risk Surcharge across its cargo network starting March 18.
These measures address increased operational expenses driven by fluctuating fuel prices and heightened insurance and security costs in the current environment.
The War Risk Surcharge will be applied per kilogram, calculated based on the chargeable weight indicated on the Master Air Waybill.
The Fuel Surcharge will be based on the US Gulf Coast Jet A1 fuel price per gallon, using data from the U.S. Energy Information Administration, and will be reviewed weekly to reflect changes in global fuel prices.
Both surcharges will apply to shipments originating from, destined for, or transiting through the Oman Air Cargo network.
Oman Air Cargo will regularly review these surcharges and adjust them as necessary to respond to fluctuations in fuel markets, insurance costs, and the broader operating environment.
تحليل خاص من عمانت | تصفح سوق عُمان
Oman Air Cargo’s introduction of Fuel and War Risk Surcharges signals rising operational costs linked to global fuel volatility and security risks. This creates both a cost pressure challenge for businesses relying on air cargo and an opportunity for entrepreneurs to explore alternative logistics or fuel-efficient solutions. Smart investors should monitor these surcharges closely, anticipating further adjustments that could impact profitability and supply chain strategies in Oman.
