Bunker surcharges resurface – ‘justified by oil price spike’, say carriers

As oil prices spike to multi-year highs of $80 a barrel, ocean carriers are preparing to dust off their bunker surcharge mechanisms to mitigate the impact.
Although several carriers, including CMA CGM and Hapag-Lloyd, have capped further FAK rate increases, surcharges were specifically excluded from their rate moratoriums.
Rotterdam-sourced LSFO (low-sulphur fuel oil) increased a further $4 yesterday, to $560 a tonne, having jumped 20% since the end of August.
This increase alone …

The post Bunker surcharges resurface – ‘justified by oil price spike’, say carriers appeared first on The Loadstar.

Source: The Loadstar

Be the first to comment on "Bunker surcharges resurface – ‘justified by oil price spike’, say carriers"

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

*