Earlier this year, ANL decided to impose emergency bunker surcharge due to high bunker costs from the beginning of the year. In a recent update, the company informed that it will extend this measure as from August 1st 2018.
In May, ANL announced that due to the significant increase in bunker prices it will recover bunker costs through emergency bunker surcharges which will be applied to all cargo on all worldwide trades, with the following implementation dates:
[smlsubform prepend=”GET THE SAFETY4SEA IN YOUR INBOX!” showname=false emailtxt=”” emailholder=”Enter your email address” showsubmit=true submittxt=”Submit” jsthanks=false thankyou=”Thank you for subscribing to our mailing list”]
- As from June 1st, 2018 (date of loading) for non-FMC trades;
- As from July 1st, 2018 (date of loading) for FMC trades.
Now, the company decided to extend these emergency bunker recovery measures to all cargo on all worldwide trades, as from August 1st 2018.
In July, a shipping giant, CMA CGM, announced that it will also extend its emergency bunker surcharges after August.
As the company said:
As a result, as from August 1st (date of loading in the origin ports) until further notice, this measure, based on the Brent average price in June, will be applied to all long-haul cargo Worldwide.
In late May, Maersk, MSC, and CMA CGM, making up together more than 45% of the global container capacity, announced introduction of Emergency Bunker Surcharges, due to increasing fuel costs. This has erupted a wave of concern from global stakeholders of the maritime industry, including the Global Shippers Forum (GSF), the European Shippers’ Council (ESC), and the British International Freight Association (BIFA).
According to online freight forwarder iContainers, the EBS may be seen as a side effect of some as carriers’ efforts to inject more pricing transparency, but a better and more sustainable solution will be needed in the long run.
