Subscribe to our Mailing Lists (It's free!)
Saturday, May 17, 2025
SAFETY4SEA
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    crew injury

    Lessons learned: Effective teamwork serves as a strong barrier

    Key trends in seafarer recruitment and retention

    Britannia: Preparing the crew for emergencies and claims

    pakistani seafarers

    India prohibits Pakistani seafarers to disembark from VLCC

    LR regulations

    LR outlines changes to mandatory statutory regulations

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    Book Review: Building leaders the MMMA way

    Book Review: How to avoid a climate disaster

    mental health

    MOL takes step to enhance the mental health of its crew

    Book Review: Building leaders the MMMA way

    Book Review: The Art Of War

    relax

    In the calm lies the cure: Exploring the parasympathetic nervous system

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    LNG terminal

    Greek LNG terminal upgrade aims for zero emission operations

    FuelEU

    Oceanscore: Shipping industry could profit €250M from FuelEU

    ABS ammonia

    ABS publishes safety insights for ammonia as a fuel

    Port of Gothenburg biomethane

    Biomethane gets successfully bunkered in Gothenburg port

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    ecdis

    MPA Singapore: Strengthening ECDIS and ENP competency

    DCSA eBL

    DCSA completes first interoperable eBL transaction

    remote pilotage

    Denmark launches world’s first test program for remote pilotage

    red sea houthis

    Windward: GPS jamming is a rising cyber threat in the Red Sea

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    PSC

    Black Sea MoU Annual Report: 4,587 inspections in 2024

    RISK4SEA unveils updated editions featuring worldwide data from the last 36M

    RISK4SEA unveils updated editions featuring worldwide data from the last 36M

    Black Sea mou

    Black Sea MoU: 53 vessels detained during CIC period

    Panama Ship Registry

    Panama implements new screening process for vessels joining its registry

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    dry bulk market

    Baltic Exchange: Maritime market highlights 12-16 May

    cruise ship

    Watch: Where do cruise ships go when they die?

    female seafarer

    Program for female cadets promises to boost diversity

    10 trends influencing global commercial shipping

    Sea-Intelligence: Long transit times do not inherently cause problems

  • Columns
    supportive

    A supportive employer makes all the difference

    Human Element: Understanding the importance of seafarers’ soft skills

    Human Element: Understanding the importance of seafarers’ soft skills

    Achilles

    Achilles: Improving supply chain transparency can have a bottom line benefit

    Trending Tags

    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    crew injury

    Lessons learned: Effective teamwork serves as a strong barrier

    Key trends in seafarer recruitment and retention

    Britannia: Preparing the crew for emergencies and claims

    pakistani seafarers

    India prohibits Pakistani seafarers to disembark from VLCC

    LR regulations

    LR outlines changes to mandatory statutory regulations

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    Book Review: Building leaders the MMMA way

    Book Review: How to avoid a climate disaster

    mental health

    MOL takes step to enhance the mental health of its crew

    Book Review: Building leaders the MMMA way

    Book Review: The Art Of War

    relax

    In the calm lies the cure: Exploring the parasympathetic nervous system

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    LNG terminal

    Greek LNG terminal upgrade aims for zero emission operations

    FuelEU

    Oceanscore: Shipping industry could profit €250M from FuelEU

    ABS ammonia

    ABS publishes safety insights for ammonia as a fuel

    Port of Gothenburg biomethane

    Biomethane gets successfully bunkered in Gothenburg port

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    ecdis

    MPA Singapore: Strengthening ECDIS and ENP competency

    DCSA eBL

    DCSA completes first interoperable eBL transaction

    remote pilotage

    Denmark launches world’s first test program for remote pilotage

    red sea houthis

    Windward: GPS jamming is a rising cyber threat in the Red Sea

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    PSC

    Black Sea MoU Annual Report: 4,587 inspections in 2024

    RISK4SEA unveils updated editions featuring worldwide data from the last 36M

    RISK4SEA unveils updated editions featuring worldwide data from the last 36M

    Black Sea mou

    Black Sea MoU: 53 vessels detained during CIC period

    Panama Ship Registry

    Panama implements new screening process for vessels joining its registry

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    dry bulk market

    Baltic Exchange: Maritime market highlights 12-16 May

    cruise ship

    Watch: Where do cruise ships go when they die?

    female seafarer

    Program for female cadets promises to boost diversity

    10 trends influencing global commercial shipping

    Sea-Intelligence: Long transit times do not inherently cause problems

  • Columns
    supportive

    A supportive employer makes all the difference

    Human Element: Understanding the importance of seafarers’ soft skills

    Human Element: Understanding the importance of seafarers’ soft skills

    Achilles

    Achilles: Improving supply chain transparency can have a bottom line benefit

    Trending Tags

    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
SAFETY4SEA

Global Shippers Forum not in favour of Emergency Bunker Surcharges

by The Editorial Team
May 31, 2018
in Shipping
emergency bunker surcharge

Credit: Global Shippers Forum

FacebookTwitterEmailLinkedin

Recently the MSC and Maersk implemented Emergency Bunker Surcharge due to high bunker prices. Now, the Global Shippers Forum (GSF) says that this is a negative development and needs to be changed.

The Mediterranean Shipping Company and Maersk informed that they will implement Emergency Bunker Surcharge. The two companies resorted to this solution, as a measure to deal with the rising bunker prices.

[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”]

The increase in bunker prices has greatly affected the operations of environment container shipping lines. Fuel prices increased by more that 30% this year, and almost 70% since last June, while prices in Europe surpassed $442/mt.

RelatedNews

Denmark inaugurates world’s first large-scale commercial e-methanol facility

Vessel remains adrift in the Atlantic for more than two weeks

Chris Welsh, Secretary General of the Global Shippers’ Forum (GSF) noted that this development is indicative of a flaw in the industry, which since the abolition of the liner conference system in October 2008, “is still using conference-style pricing methods to impose surcharges on its customers.”

The imposition of emergency surcharges has no place in a modern liner shipping market where costs and prices should be mutually agreed between customers and suppliers, preferably in mutually agreed service contracts. Such arrangements enable the parties to build long term business partnerships, as well as providing clarity on the terms and conditions for the services provided and for appropriate remuneration.

Mr. Welsh added that the industry needs to be more transparent about bunker surcharge costs, and explain why an emergency surcharge is warranted on top of existing bunker surcharge mechanisms.

Moreover, shippers will want to know what measures have been taken to deal with the problems that high fuel prices cause, including the impacts of fuel hedging arrangements.

Global Shippers Forum not in favour of Emergency Bunker SurchargesGlobal Shippers Forum not in favour of Emergency Bunker Surcharges
Global Shippers Forum not in favour of Emergency Bunker SurchargesGlobal Shippers Forum not in favour of Emergency Bunker Surcharges
Tags: bunker pricesGlobal Shippers ForumMaerskMediterranean Shipping Company
Previous Post

Emergency Procedures: What if a ship collision happened? What needs to be done?

Next Post

Seafarers figures in UK shipping industry for 2017

Related News

Maersk
Shipping

Maersk cuts container market outlook due to tariff tensions

May 9, 2025
Maersk
Videos

Watch: How Maersk is navigating the volatile shipping industry

May 7, 2025
maersk engine room
Accidents

Three crew members suffer injuries due to engine room incident

May 6, 2025
decarbonisation
Green Shipping

Industry giants collaborate on decarbonisation solutions

May 6, 2025
Center for Zero Carbon Shipping: Decarbonization will drive future ESG and sustainability trends
Opinions

Center for Zero Carbon Shipping: Decarbonization will drive future ESG and sustainability trends

April 11, 2025
CIMAC methanol
Fuels

Companies join forces for methanol project in Louisiana

April 4, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Explore more

No Result
View All Result
MARITIME EVENTS

Explore

  • Safety
  • SEAFiT
  • Green
  • Smart
  • Risk
  • Others
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

Useful Links

  • About
  • Disclaimer
  • Editorial Policies
  • Advertising
  • Content Marketing
  • Contact

© 2025 SAFETY4SEA

No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA

Manage your privacy
We use technologies like cookies to store and/or access device information. We do this to improve browsing experience and to show (non-) personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Manage options
{title} {title} {title}
No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA