emergency bunker surcharge Archives - Maritime Shipping News

CMA CGM sticks to controversial bunker surcharge – and raises the price

6 November 2018

CMA CGM Group, which includes ocean carrier APL, has raised its emergency bunker surcharge (EBS) to $100 per teu for all deepsea cargo movements from 1 December.
Introduced by the French carrier and a number of its peers on 1 June, in response to higher fuel prices, the controversial EBS was initially set by CMA CGM at $55 per teu.
The charge varied between carriers, for instance Maersk Line’s EBS was $60 per teu, while MSC did not …

The post CMA CGM sticks to controversial bunker surcharge –...

https://theloadstar.co.uk/cma-cgm-sticks-controversial-bunker-surcharge-raises-price/

2020 sulphur fuel cap may spark a crisis for carriers that can’t recover the cost

11 October 2018

The IMO’s 0.5% sulphur fuel cap will cause an “existential crisis” for container carriers, unless they can pass on the added bunker costs to shippers.
APL chief executive Nicolas Sartini said carriers had little choice but to opt for considerably more expensive low-sulphur fuel from January 2020, since the alternatives – using LNG or fitting ships with scrubbers – were not viable short-term solutions.
“We are 100% behind the regulation as it’s good …

The post 2020 sulphur fuel cap may spark a...

https://theloadstar.co.uk/2020-sulphur-fuel-cap-may-spark-crisis-carriers-cant-recover-cost/

Analysis: supply chain players go head to head in a fight for pricing power

2 October 2018

One of the thorniest questions I have been struggling with lately is the priority of the main actors in the supply chain arena: is it now a fight for power or a race for cash, let alone higher profitability?
Ultimately, I can’t help but come to the conclusion that it is all about shareholder returns, particularly for the freight forwarders. Pleasing investors is more pressing than dealing with their customers’ needs – although they …

The post Analysis: supply chain players go head to head in a...

https://theloadstar.co.uk/analysis-supply-chain-players-go-head-head-fight-pricing-power/

Shippers want ‘a market approach’ dialogue on shipping line bunker surcharges

26 September 2018

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/