Friday, 01 November 2019 11:15

Hapag-Lloyd adds new spot sulphur cap charge

593 Hapag lloyd


After introducing the Marine Fuel Recovery (MFR) mechanism nine months ago, Hapag-Lloyd has added an addition supplementary cost to offset the increased costs associated with the incoming sulphur regulations. From December 1, Hapag-Lloyd will introduce an IMO 2020 Transition Charge (ITC), valid until further notice, with customers now being charged an extra $135 per teu on Asia-Europe, $130 on the transpacific and $80 on intra-Asia trades.



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