Prompted by a price surge of VLSFO, Maersk has decided to increase its bunker surcharge.
https://worldmaritimenews.com/archives/289901/maersk-ups-bunker-surcharge-amid-vlsfo-price-rise/
Prompted by a price surge of VLSFO, Maersk has decided to increase its bunker surcharge.
https://worldmaritimenews.com/archives/289901/maersk-ups-bunker-surcharge-amid-vlsfo-price-rise/
With the changing rainfall patterns and the low water levels at Gatun Lake, Panama Canal announced that will adopt new measures to reduce the low water level’s impacts. Namely, ships will have to pay a freshwater fee, which will be set on force from 15 February.
Passing through the 5th driest year during the last 70 years, Panama Canal has received 20% lower rainfall in comparison to the all-time average.
The new fee will give a boost to the Canal’s water levels, as without it they are projected...
https://safety4sea.com/panama-canal-sets-freshwater-fee-due-to-low-water-levels/
With just 4 months left for the implementation on January 1, 2020, IMO’s sulphur cap rule, it is extremely worrying that compliant fuels are made available only in a limited number of ports and under unfavourable terms for voluntary early testing by ships, says an article published in IOL.
Sulphur capOn that date all ships will be required to use fuel with a sulphur content of no more than 0.50% compared with the current rate of 3.5%.
To achieve this, ships will have to adopt one of the...
http://mfame.guru/compliant-fuel-compatibility-and-availability-concerns-ahead-of-2020/
Hapag-Lloyd is to implement a vessel risk surcharge (VRS) following recent maritime incidents.
Specifically, Hapag Lloyd announced that they will implement a Vessel Risk Surcharge (VRS), from July 15, 2019 as follow:
For cargo from/to and via Arabian Gulf (Bahrain, Iraq, Kuwait, Oman,...
https://safety4sea.com/hapag-lloyd-implements-vessel-risk-surcharge-for-vessels-to-from-gulf-oman/
CMA CGM informed that after considering the recent incidents in the Strait of Hormuz and the related significantly increasing insurance costs in the Middle East Gulf region, it decided to implement a War Risk Surcharge.
The War Risk Surcharge will apply from July 5th, 2019, for all trades, except USA and China (August 1st, 2019):
From/To Oman, the UAE, Qatar, Bahrein, Saudi Arabia (Dammam and Jubail), Kuwait, Iraq.
CMA CGM added that additional countries might be added depending on the situation...
https://safety4sea.com/cma-cgm-announces-war-risk-surcharge-in-middle-east/
Mediterranean Shipping Company implements a war risk premium surcharge on cargo to Venezuela.
ONE has unveiled a further expansion to the low sulphur fuel surcharge implementation in China.
https://worldmaritimenews.com/archives/269654/one-expands-lsf-surcharge-in-china/
Skou: We are not where we want to be in absolute terms, but we are improving significantly.
Hyundai Merchant Marine to add fuel adjustment surcharge ahead of the 2020 sulphur cap.
https://worldmaritimenews.com/archives/263144/hmm-introducing-fuel-surcharge-as-of-january-2019/