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
Patrizia Cosulich becomes first bunker tanker in Singapore to undertake its Mass Flow Meter extension test using the Master Mass Flow Meter, learns bunkering publication Manifold Times.
Bunker claims totalling SGD 628,000 for 88 deliveries of marine gas oil between the period of 7 February 2020 until 15 April 2020, according to documents obtained by Manifold Times.
Event welcomed over 1,100 attendees from 42 countries; delegates visited virtual booths about 4,800 times; while around 5,800 connections were made, according to data from organiser Informa.
Bunker suppliers and bunker craft operators may choose to carry out meter verification using either existing MIMO method OR with the use of a Master Meter.
Pai Kheng Pheng of Sentek Marine & Trading Pte Ltd on Thursday (8 October) was ordered remanded for a further week for investigations, AGC spokesperson informs Manifold Times.
INTERTANKO, BIMCO, SSA, IBIA Asia share what the technology brings to the waterfront, while operator Metcore International and manufacturer Endress+Hauser explain its benefits to the bunkering industry.