Trans-Pacific Eastbound Market – Bunker Surcharge Update
Please be informed that the formula for calculating the existing Trans-Pacific Eastbound Bunker Surcharge will be revised and implemented on January 1, 2015, to include an updated Bunker Surcharge. This new Bunker Surcharge formula takes into account the slow-steaming operation of larger, more fuel-efficient vessels to reduce fuel consumption and emissions, as well as the consolidation of services under alliances.
The aforementioned formula change will also factor in the previously announced surcharge on the mandatory use of 0.1% Low Sulfur Fuel (LSF) in the Emission Control Areas (ECAs) beginning next year.
Effective January 1, 2015, the new Trans-Pacific Eastbound Bunker Surcharge is as follows:
Origins : Asia, East Africa, Middle East, West Asia
Destinations : Canada, USA (Except Puerto Rico and Virgin Islands)
- Applies to cargo discharging via West Coast ports, Alaska, and Vancouver, BC, and cargo destined for Canada and Group 4 points within the states of California, Oregon, or Washington
- Applies to cargo discharging via East Coast ports
- Applies to cargo discharging via West Coast ports, Alaska, and Vancouver, BC, and destined for any US IPI and MLB destinations