The port congestion in Shuwaikh (Kuwait) is currently generating service disruptions and increasing our operational costs.
CMA CGM will therefore implement the following Port Congestion Surcharge:
http://container-news.com/port-congestion-surcharge-shuwaikh/
CMA CGM informs its customers of its Rate Restoration Program for October 2018 as follows:
Origin Range: From all Asian ports
Destination Range: To Middle East Gulf ports
Cargo: Dry, OOG, Breakbulk & Reefer cargo
USD 200 per TEU
Quantum to be applied on top of rates valid up to October 14th, 2018
Corresponding FAK rates level will be settled as follows:
As from October 15th, 2018, our FAK Tariff Guide Lines (excl. THC both ends) are:
USD 500/20’ – USD...
As crude oil races towards $100 a barrel, the European Shippers’ Council has called for “a market approach” dialogue on shipping line bunker surcharge mechanisms ahead of the IMO 2020 sulphur cap.
Brent crude hit a four-year high yesterday, at $82 per barrel, pushing up the price of IFO 380 heavy fuel oil (HFO) above $450 per ton.
The current cost of low-sulphur fuel oil (LSFO) – compliant with the new regulations – is …
The post Shippers want ‘a market approach’ dialogue on shipping line bunker...
https://theloadstar.co.uk/shippers-want-market-approach-dialogue-shipping-line-bunker-surcharges/
MSC announced that it will introduce a new Global Fuel Surcharge as of 1 January 2019 in order to help customers plan for the impact of the post-2020 fuel regime.
MSC decided to implement the fuel surcharge, as its operating costs are expected to increase significantly ahead of the 2020 sulphur cap.
MSC’s Global Fuel Surcharge will replace current bunker surcharge mechanisms and will reflect a combination of fuel prices at bunkering ports around the world and specific line costs such as transit...
MSC and CMA CGM have followed Maersk Line in announcing plans for surcharges to recover the cost of compliance with the IMO’s 2020 0.5% sulphur cap regulations.
The French carrier said that although it was “in favour of using LSFO (low-sulphur fuel oil) for its fleet” it was also “ordering several scrubbers” – exhaust gas cleaning technology that allows ships to continue to burn the cheaper 3.5% sulphur content HFO (heavy fuel …
The post CMA CGM and MSC follow Maersk with bunker surcharges for...
https://theloadstar.co.uk/cma-cgm-msc-follow-maersk-bunker-surcharges-imo-2020/
Ahead of the 2020 sulphur cap, CMA CGM announced the measures it will take in order to comply. Namely, the company will use both LNG and scrubbers as ways of compliance.
The new IMO Low Sulphur Regulation, effective from 1 January 2020, will require all shipping companies to reduce their sulphur emissions by 85%.
In order to comply, CMA CGM has decided to favor the use of 0.5% fuel oil for its fleet, and to invest significantly:
https://safety4sea.com/cma-cgm-to-use-lng-and-scrubbers-for-2020-compliance/
The European Shippers’ Council has expressed its disapproval at the mechanism of surcharges that shipping liners have launched
https://www.porttechnology.org/news/shippers_voice_sulphur_surcharge_concerns
CMA CGM informs its customers of the following General Rate Restoration :
Effective October 15th, 2018 (B/L date):
From China, South Korea, Taiwan, Southeast Asia and Bangladesh
To South Africa
Quantum: USD 150/20′ – USD 300/40′
All cargo dry, reefer, OOG and breakbulk
The post CMA CGM, GRR – from Asia...
CMA CGM pone precio a regulación OMI 2020: La nueva regulación de bajo contenido de azufre de la Organización Marítima Internacional (IMO) entrará en vigencia a partir del 1 de enero de 2020 y exigirá a todas las compañías navieras que reduzcan sus emisiones de azufre en un 85%. Esta nueva...
https://fullavantenews.com/cma-cgm-pone-precio-a-regulacion-omi-2020/?lang=es
Shipping majors MSC and CMA CGM unveiled a new fuel adjustment surcharge ahead of the 2020 sulphur cap.
https://worldmaritimenews.com/archives/261211/msc-cma-cgm-present-plans-for-fuel-surcharges/