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WTSA joins TSA in assessing low-sulfur fuel fee

Regulatory/Transport

Tuesday, September 04, 2012

Carrier members of the Westbound Transpacific Stabilization Agreement will seek to add a surcharge on shipments related to the added cost of using low-sulfur bunker fuel within 200 miles of the U.S. and Canadian coasts. The fee is set to be assessed from Oct. 1, and follows a similar move by members of the Transpacific Stabilization Agreement, the eastbound counterpart of the WTSA. Since Aug. 1, carriers have been subject to new International Maritime Organization regu...

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