Cargo owners should be alert for IMO 2020 surcharge “profiteering” by container lines, according to the Hong Kong Shippers’ Council (HKSC).
HKSC executive director Sunny Ho said: “Shippers should note that these surcharges are on top of the normal bunker adjustment factor (BAF) and the low-sulphur fuel surcharge (LSS) carriers introduced late last year [in Hong Kong].”
He said the surcharges could not be justified because the 0.5% sulphur cap was a …
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Source: The Loadstar