HUAL BUNKER PRICE LEVY STARTS AT 10% OF FREIGHT

HUAL BUNKER PRICE LEVY STARTS AT 10% OF FREIGHT

   HUAL A.S., Norway, is applying an accross the board emergency bunker surcharge of 10 percent on all cargo in its ro-ro services from Europe to the Middle East, Far East and Japan/Korea.
   The new surcharge will be based on gross ocean freight, exclusive of land charges, the carrier said.
   Bunker oil prices have doubled since June 1 last year and it is necessary to recover some of these extraordinary expenses, it said. The first vessel nominated for the surcharge sails from the UK at the end of January.