CTSA raising bunker surcharge
The 11 member shipping lines of the Canada Transpacific Stabilization Agreement said they are raising bunker surcharges 24 percent to 27 percent from current levels, beginning July 1.
' For East Coast ports, the fuel recovery charge will be $308 per TEU, $385 per FEU, $433 per 40-foot high-cube container, and $487 per 45-foot container.
' For West Coast ports, the charge will be $150 per TEU, $188 per FEU, $212 per 40-foot high-cube container, and $238 per 45-foot container.
CTSA said its currency adjustment factor would remain at 0 percent through June.
CTSA member lines are APL, COSCO Container Lines, Evergreen, Hanjin Shipping, Hapag-Lloyd, Hyundai Merchant Marine, 'K' Line, NYK Line, OOCL, Yang Ming and Zim Integrated Shipping Services.
CTSA raising bunker surcharge