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Transpacific carriers add charge for low-sulfur fuel

Sustainability

Wednesday, August 29, 2012

The Transpacific Stabilization Agreement (TSA) said its members will apply a low-sulfur fuel charge beginning on Oct. 1. The discussion agreement of 15 of the leading container carriers said the charge will be based on the price differential between low-sulfur and standard marine bunker fuel and how much time a ship spends within 200 miles of the U.S. and Canadian coasts where they must burn cleaner fuel with a lower sulfur content. Initially the charge will ...

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