FEFC INCREASES BUNKER CHARGES
The carriers of the Asia Westbound Rate Agreement and Eastbound Management Agreement, two divisions of the Far Eastern Freight Conference, said that they will increase bunker charges, effective Nov. 15.
The bunker surcharge for eastbound and westbound shipments between Asia and northern Europe will increase to $77 per TEU, from $65.
The carriers of the FEFC are APL, CMA CGM, Egyptian International Shipping Co., Egyptian Navigation Co., Hapag-Lloyd Container Line, Hyundai Merchant Marine, “K” Line, Maersk Sealand, Malaysia International Shipping Corp., Mitsui O.S.K. Lines, NYK, OOCL, P&O Nedlloyd, Senator Lines and Yangming Marine Transport.