Asia/U.S. carriers raise bunker charges
Shipping lines of the Transpacific Stabilization Agreement will increase their bunker adjustment factor for the first quarter of 2005, effective Jan. 1.
For a 40-foot, standard height container, the fuel charge invoiced to shippers will rise to $320, from $275. The bunker charge for a 40-foot, high cube container will go up to $360, from $310. Charges for 45-foot and 20-foot boxes will also increase.
The Transpacific Stabilization Agreement adjusts its bunker charge quarterly using a formula based on bunker prices.
Asia/U.S. carriers raise bunker charges
