CTSA lowers bunker surcharges 10.9%

The Canada Transpacific Stabilization Agreement’s 11 member shipping lines on Wednesday dropped bunker surcharges 10.9 percent beginning Feb. 1.

   The new fuel recovery charges will be:

   • $292 per TEU.

   • $365 per FEU.

   • $411 per 40-foot, high-cube container.

   • $462 per 45-foot container.

   • $8 weight/measure adjustment.

   CTSA’s currency adjustment factor will be remain at 0 percent in February.

   CTSA member lines are APL, COSCO Container Lines, Evergreen Line, Hanjin Shipping, Hapag-Lloyd, Hyundai Merchant Marine, “K” Line, NYK Line, OOCL, Yang Ming and Zim Integrated Shipping Services.

Source: American Shipper