Effective 1 January: New Low Sulphur Surcharge with Maersk Line
Maersk Line will introduce a new Low Sulphur Surcharge (LSS) to offset additional costs incurred by switching to cleaner fuels
To offset the additional cost incurred by switching to cleaner fuels in Emission Control Areas, as required by the ECA regulation, Maersk Line will introduce a new Low Sulphur Surcharge (LSS). The surcharge will be effective from 1 January 2015 and affect all trades with origin and/or destination in Emission Control Areas.
The LSS surcharge level will be trade-specific and apply equally to headhaul/backhaul and dry/reefer cargo. The surcharge level will vary based on the additional costs for low-sulphur fuels for the particular trade. Please see a complete overview of the affected trades and the surcharge levels in the table below. Surcharge levels will be reviewed quarterly, and will be adjusted to reflect the cost for low-sulphur fuels, i.e. significant fluctuations in the price for low-sulphur fuels will be reflected in the surcharge levels.
“We believe that a separate surcharge will provide better transparency to our customers on the additional costs arising from the new environmental requirements than if we had integrated the costs into our existing bunker surcharge (SBF), as previously communicated”, the company announces.
Background:
New legal requirement: From 1 January 2015 new legal requirements will come into force in Emission Control Areas (ECA) in North Europe (Including the Baltic Sea, North Sea and English Channel) and North America (200 nautical miles from American and Canadian shore), which will lower the maximum allowed content of sulphur in fuel burned in the ECA’s to 0.1% sulphur from todays 1.0%.
Increasing fuel costs: Fuel with a sulphur content of 0.1% is significantly more expensive than fuel with 1.0% sulphur content required in ECA areas today. Based on the current price difference of USD 260/ton, the additional cost to Maersk Liner Business is estimated to USD 200 Million per year.
www.maerskline.com
Quelle: LogEastics
Portal: www.logistik-express.com
