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U.S./Mediterranean carriers raise bunker charges

U.S./Mediterranean carriers raise bunker charges

Container shipping lines of the United States South Europe Conference, a carrier group in the U.S./Mediterranean trade, will raise their bunker charge to $260 from $192 per TEU, effective May. The conference said the rise is “due to substantial increases in fuel prices.”

   The conference will keep its currency adjustment factor unchanged at 11 percent in May.

   Conference carriers are Maersk Sealand, Hapag-Lloyd and P&O Nedlloyd.