Tag: Mediterranean Shipping Company

The container ship 'MSC Arushi R.' experienced troubles on October 17, while it was sailing on the West Scheldt, near Hansweert, in Netherlands. The troubles were probably caused by mechanical failure. The container ship experienced the problems while it was going to Wilhelmshaven from Antwerp.

Ahead of the 2020 sulphur cap, Hapag Lloyd said that using low-sulphur fuel oil will be the key solution for the company to remain compliant. This fuel however, comes with an increase in fuel costs, something that made Hapag Lloyd establish a Marine Fuel Recovery (MFR) mechanism.

The recent fuel surcharges from major container shipping companies could be reduced for the mutual benefit of shipowners and operators, as well as their customers, considering the technologies available for reducing fuel consumption, believes Marc Sima, President and co-founder of Germany’s FUELSAVE.

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. 

Maersk Line, Mediterranean Shipping Company and ZIM announced a new strategic cooperation on the Asia - US East Coast trade. As of September 2018, Maersk and MSC will provide four of their operated loops to a combined operation of five loops with ZIM between Asia end the US East Coast.

The European Shippers' Council raised concerns about the implementation of the Emergency Bunker Surcharge by carriers. Carriers explain the introduction of this surcharge by the increase of the bunker oil price. However, ESC said that the use of such measure is not justified.

Recently the MSC and Maersk implemented Emergency Bunker Surcharge due to high bunker prices. Now, the Global Shippers Forum says that this is a negative development and needs to be changed. Chris Welsh, Secretary General of GSF noted that the industry needs to be more transparent about bunker surcharge costs.

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. Fuel prices increased by more that 30% this year, and almost 70% since last June.

On the occasion of Maersk Honam’s berthing and the commencement of discharging operations on 22 May, the Mediterranean Shipping Company announced that it is imposing additional charges to its customers if they want their cargo to reach the final destination. The company is therefore requesting an amount of 750 USD per 20’/1250 USD per 40’.

The hotspots onboard the ultra large container ship 'Maersk Honam' have been almost extinguished and the vessel is now tentatively expected to berth next week, when the discharging operations will commence. If everything proceeds as planned, the operations are estimated to last 4 to 7 days.