EUROPE/INDIAN SUBCONTINENT CARRIERS LOWER BUNKER CHARGE
Shipping lines of the India Pakistan Bangladesh Ceylon Conferences will lower their bunker charges for the trade between Europe and the Indian Subcontinent, effective Jan. 1.
The fuel charge for full container loads will decrease to $75 per TEU, from $80. For less-than-container load shipments, the charge will remain at the current level of $6 per freight ton. For breakbulk cargoes, the bunker charge will drop to 21 percent of the freight rate, from 23 percent.
Fuel prices have fluctuated widely this year, leading carriers to adjust bunker charges upwards or downwards.
The carriers of the India Pakistan Bangladesh Ceylon Conferences are: Andrew Weir Shipping (Ellerman), Bangladesh Shipping Corp., Ceylon Shipping Corp., CMA CGM, Contship Containerlines, Hapag-Lloyd, Himalaya Express, Maersk Sealand, P&O Nedlloyd, Pakistan National Shipping Corp., Rickmers Linie, Safmarine, Senator Lines, Shipping Corporation of India, United Arab Shipping Co., Yangming and Zim Israel Navigation Co.