CTSA increases bunker surcharge 12pc

THE 11 member shipping lines of the Canada Transpacific Stabilisation Agreement will raise bunker surcharges 12.3 per cent from March 1.

The new charges will be: US$328 per TEU, $410 per FEU, $461 per 40-foot-high-cub, $519 per 45-foot container, and $9 weight/measure adjustment. The quasi conference's currency adjustment factor remains at zero, said a statement from the organisation.

CTSA member lines are APL, Cosco, Evergreen, Hanjin, Hapag-Lloyd, Hyundai, K Line, NYK Line, OOCL, Yang Ming and Zim.

Source: Schednet