News » Company news » Maersk Line to introduce New Low Sulphur Surcharge


 
29/09/2014
Maersk Line to introduce New Low Sulphur Surcharge
 
Maersk Line will introduce a new Low Sulphur Surcharge (LSS) to offset additional costs incurred by switching to cleaner fuels in so-called Emission Control Areas (ECA), as required by international environmental regulation effective from 1 January 2015.

The LSS surcharge level will be trade-specific and apply equally to headhaul/backhaul and dry/reefer cargo. The surcharge level will vary based on the additional costs for low-sulphur fuels for the particular trade. Please see a complete overview of the affected trades and the surcharge levels in the table below.

Surcharge levels will be reviewed quarterly, and will be adjusted to reflect the cost for low-sulphur fuels, i.e. significant fluctuations in the price for low-sulphur fuels will be reflected in the surcharge levels.

Below table indicates the tariffs of the Low Sulphur Surcharge (LSS) for the Maersk Line trades affected by the surcharges. The surcharge will be applied equally to dry/reefer and headhaul/backhaul.





(*)Transpacific Stabilisation Agreement (TSA) is developing a low sulphur surcharge, and Maersk Line intends to follow the tariff recommended by the TSA for relevant trades.






Source and Image Credit: Maersk Line