CMA CGM sets low-sulfur surcharge for China

The fee comes after China imposed a 0.5 percent sulfur limit in the two cities.

CMA CGM sets low-sulfur surcharge for China

The fee comes after China imposed a 0.5 percent sulfur limit in the two cities.

CMA CGM sets low-sulfur surcharge for China

The fee comes after China imposed a 0.5 percent sulfur limit in the two cities.

 
CMA CGM says it will start imposing a low-sulfur surcharge for services calling Shanghai and Ningbo, China later this month.
    A 0.50 percent sulfur limit on ship fuel fuel took effect on Oct. 1 at the two ports.
    The French carrier said it will impose the surcharge to ensure the sustainability and reliability of our services in a challenging environment. The charge is effective for its services to and from Shanghai and Ningbo from Nov. 15 (the date of loading in the origin ports).
    The fee will vary depending on what part of the world the services call but amount to $35 for 20-foot containers for service to and from Scandinavia and the Baltic area; $20 for 20-foot containers to and from other parts of North Europe, including the U.K.; $25 for 20-foot containers to and from North America; and $5 for 20-foot containers to and from other parts of the world. The fee is double for 40-foot containers.
    For the other ports of the Peoples Republic of China, the 0.50 percent sulfur limit will be applicable from Jan. 1. CMA CGM said it will have a separate announcement later.
   Globally, container carriers will have to use fuel with a maximum sulfur content of 0.5 percent on Jan. 1, 2020, or equip their ships with scrubbers to remove sulfur from engine exhaust.
    There already are rules requiring the use of even cleaner fuel in so-called emission control areas (ECAs) in the Baltic Sea, North Sea and the Caribbean and much of the coastline of the U.S. and Canada.

We anticipate that demand for direct services between Dublin Port and continental Europe will increase further after Brexit.

Spot container rates from Shanghai to Rotterdam clocked in at $1,312 per FEU as of April 18, down from $1,431 per FEU four weeks prior, and down from $1,656 per FEU eight weeks prior, but still up 14 percent year-over-year, according to data from Drewry's WCI.

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CMA CGM sets low-sulfur surcharge for China

The fee comes after China imposed a 0.5 percent sulfur limit in the two cities.

Nov 01, 2018 on Dec 27, 2018AmericanShipper.com

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CMA CGM sets low-sulfur surcharge for China

The fee comes after China imposed a 0.5 percent sulfur limit in the two cities.

Nov 01, 2018 on Dec 27, 2018AmericanShipper.com