TACA reduces bunker adjustment factor

TACA reduces bunker adjustment factor The Trans-Atlantic Conference Agreement of ocean carriers said bunker adjustment charges will be reduced.
   Effective Jan. 16, for freight moving to and from U.S. Atlantic and Gulf Coast ports, the fuel charge will drop to $161 from $210 per 20-foot container and to $322 from $420 per 40 or 45-foot container. For cargo moving to and from U.S. West Coast ports the charge will drop to $242 from $315 per 20-foot container and $484 from $630 per 40 or 45-foot container.
   The currency adjustment factor will increase to 9 percent from 7 percent, effective from Jan 16, to at least until Feb. 15, TACA said.
   TACA members are A.P. Moller-Maersk Sealand, Atlantic Container Line, Hapag-Lloyd Container Line, Mediterranean Shipping Co., Nippon Yusen Kaisha (NYK) Line, Orient Overseas Container Line and P&O Nedlloyd.