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Trans-Pacific Eastbound Market: IMO 2020 Low Sulphur Surcharge (LSS) – May 2020
APL, as part of the CMA CGM Group, has introduced a Low Sulphur Surcharge (LSS) since 1 December 2019 for short-term contracts as a result of higher fuel-related costs in complying with the IMO 2020 Low Sulphur Regulation.
Bangladesh – Arrangement for cargo bound for Chittagong
Due to recent developments in Bangladesh, terminal operations and pick-up of inbound containers has been slow. Consequently, the yards in Chittagong are reaching full capacity, and most reefer plugs are already being occupied.
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