Fuel price “emergency” increase, right or…

Please be informed that the bunker price in 2018 is significantly higher that what has been expected and last week reached a level of Usd 441/Ton, the highest since 2014.

As from mid and last week of may we received several “last minute” notifications that the lines will implement an Emergency Bunker Surcharge or “EBS” as per the 1st of June 2018 on both new and existing shipments.

Please also see this article, are they right or…

Drewry wades in as a wave of anger builds over carrier bunker surcharges – The Loadstar

In the face of increasing anger from shippers over emergency bunker surcharges, shipping consultant Drewry too has hit out at ocean carriers for the “failure to control costs” that left them exposed to a fuel price spike. Drewry said the EBSs were a “desperate move” by carriers that would on…

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