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EUROPE/MIDDLE EAST CARRIERS LOWER BUNKER SURCHARGE

EUROPE/MIDDLE EAST CARRIERS LOWER BUNKER SURCHARGE

   Carriers of the Europe Middle East Rate Agreement will lower their bunker adjustment charge to $30 per TEU, effective Feb.1, following a reduction in bunker costs.

   The Europe Middle East Rate Agreement carriers are Ellerman, CMA CGM, Contship Containerlines, Hapag-Lloyd, Maersk Sealand, P&O Nedlloyd, Safmarine and United Arab Shipping Co.