French container transportation and shipping firm has announced an extension to its bunker fuel surcharge due to the increase in bunker prices.
“A significant increase in bunker prices has been observed since the beginning of the year,” it notes.
“Unfortunately, prices have continued to rise even more sharply recently. As a result, the CMA CGM Group decided on May 25th to recover bunker costs through its bunker-related surcharges* which was applied to all cargo on all Worldwide trades.
“Because bunker prices have remained high, the CMA CGM Group has decided to maintain these measures.”
As such, from July 1st (date of loading), the bunker-related surcharges (below), based on the average of bunker prices in May, will be applied to all long-haul cargo worldwide with the following amounts:
The amounts above will continue to be revaluated on a monthly basis.
Photo credit: CMA CGM
Published: 5 July, 2018
‘The launch of our company website signifies the readiness of Singfar to engage with relevant stakeholders to achieve our mission of enabling sustainable trade,’ Managing Director tells Manifold Times.
Associate Director at Helmsman highlights the need to stay up-to-date with latest protocols / measures introduced by MPA, with continuous education of Master and crew of the visiting vessel.
BunkerPlanner Lite is an attempt to educate professionals engaged in bunker decisions about the use of advanced technology in the decision process, explains BunkerMetric CEO Christian Plum.
Senior Associate at Clyde & Co offers guidance to protect shipowners and bunker tanker operators in the event opposing counterparty breaches Covid-19 protocols, resulting in Covid-19 transmission.
Having a surveyor’s watchful eye to detect illegal activities also sends a strong signal to barge and vessel crew not to undertake any intended non-compliance, states VPS Senior Sales Manager.
Bunker tanker owner’s trust in LR and Metcore’s expertise proves duo’s experience in bunkering MFMs and unceasing support made the difference in ensuring trust during bunker transactions.
21 Jul 2021