Caribbean Shipowners Association cuts bunker surcharge.

MEMBERS of the Caribbean Shipowners Association said last week they will reduce the amount of bunker surcharge they assess on shipments from the United States to Caribbean ports.


CSA members said they will lower the charge from US$120 per TEU to $90 per TEU from March 27, reports American Shipper. "The members of the association will continuously monitor fuel cost developments and adjust bunker surcharge levels, including rolling back these announced increases if not supported by actual circumstances," the CSA said in a statement.
(Source:http://www.schednet.com)