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OE and OOCL will levy a low-sulphur fuel surcharge in March

  • Author:James
  • Source:Hong Kong Shipping
  • Release Date:2019-02-24
According to the “limitation of sulfur” issued by the International Maritime Organization (IMO),Major shipping companiesVarious measures have been taken to deal with it. In fact, as early as October 2018, many shipping companies have successively introduced low-sulfur fuel surcharges to share the costs with shippers.

The following are the recent announcements from ONE and OOCL. Please pay close attention to each other and inform each other. When you check the price/quote, you must add this cost.

ONE (Ocean Network Express) announced that due to the expansion of the scope of supervision, ships are required to use less than 0.5% of sulfur fuel in designated areas of China's ECA. ONE plans to make the following adjustments. Starting from the two time points on February 15 and March 1, ONE will continue to charge low-sulfur fuel surcharges (LSF) for goods exported to China (including Hong Kong and Macau).

In addition, OOCL will adjust the low-sulfur fuel surcharge (CLS) for mainland China ports to Asia routes (excluding Taiwan destination ports) from March 1, 2019. The adjusted fee is RMB 140/TEU and RMB 280/FEU, which is calculated based on the actual shipping date.