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HUAL BUNKER PRICE LEVY STARTS AT 10% OF FREIGHT

HUAL BUNKER PRICE LEVY STARTS AT 10% OF FREIGHT

   HUAL A.S., Norway, is applying an accross the board
emergency bunker surcharge of 10 percent on all cargo in its ro-ro services from Europe to
the Middle East, Far East and Japan/Korea.
   The new surcharge will be based on gross ocean freight, exclusive of land
charges, the carrier said.
   Bunker oil prices have doubled since June 1 last year and it is necessary to
recover some of these extraordinary expenses, it said. The first vessel nominated for the
surcharge sails from the UK at the end of January.