The Far Eastern Freight Conference said that it will
increase bunker adjustment factors on eastbound and westbound shipments between Asia and
northern Europe, effective Feb. 15.
The bunker charge will rise to $45 per TEU, from $37 per TEU now.
The increases apply to eastbound shipments from northern Europe to Japan and
the rest of Asia and to westbound cargoes from Asia except Japan to northern Europe.
The FEFC, which reinstated bunker surcharges last November following a sharp
rise in oil prices, said that bunker prices "have remained very high."
The shipping lines of the FEFC are APL, CMA CGM, DSR-Senator Lines,
Hapag-Lloyd, Hyundai Merchant Marine, "K" Line, Maersk Sealand, Malaysia
International Shipping Corp., Mitsui O.S.K. Lines, NYK, Orient Overseas Container Line,
P&O Nedlloyd and Yangming Marine Transport.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now