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Europe/South America carriers to raise bunker surcharge

Europe/South America carriers to raise bunker surcharge

   Members of the European/South Pacific & Magellan Freight Conference (ESPMC), a carrier group in the Europe/West Coast of South America trade, said they will raise their bunker surcharge for all shipments from November.

   The U.S. and euro denominated rates will be $221/221 euros (from $192/192 euros) per 20-foot container, $442/442 euros (from $384/384 euros) per 40-foot container, and $11/11 euros (from $10/10 euros) per freight ton, the ESPMC said.

   ESPMC carriers are CMA CGM, Compania Sud Americana de Vapores, Hamburg Sud, Hapag-Lloyd and “K” Line.