CTSA lowers bunker surcharges 10.9%

CTSA lowers bunker surcharges 10.9% The Canada Transpacific Stabilization Agreement's 11 member shipping lines on Wednesday dropped bunker surcharges 10.9 percent beginning Feb. 1.
   The new fuel recovery charges will be:
   ' $292 per TEU.
   ' $365 per FEU.
   ' $411 per 40-foot, high-cube container.
   ' $462 per 45-foot container.
   ' $8 weight/measure adjustment.
   CTSA's currency adjustment factor will be remain at 0 percent in February.
   CTSA member lines are APL, COSCO Container Lines, Evergreen Line, Hanjin Shipping, Hapag-Lloyd, Hyundai Merchant Marine, 'K' Line, NYK Line, OOCL, Yang Ming and Zim Integrated Shipping Services.