Pain for shippers as IMO 2020 sulphur cap related bunker surcharges set to kick in

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The regulations surrounding the IMO 2020 sulphur cap are here to stay..

Several shipping lines like Maersk, MSC, CMA-CGM, ONE, OOCL and APL had announced in late 2018 that these costs for compliance will have to be passed on to customers/trade through the implementation of new or adjustment to existing fuel surcharges, which may vary based on the trade lanes..

These new bunker surcharges are set to kick in as of this week..

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Emergency Bunker Surcharge – is it really an emergency..??

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Depending on which carrier you use, you may come across various abbreviated variants of BAF (Bunker Adjustment Factor) such as BUC (Bunker Contribution), SBF (Standard Bunker Adjustment Factor) etc..

In the last week of May 2018, many carriers implemented what is known as Emergency Bunker Surcharge (EBS) or Emergency Bunker Fee (EBF) or Emergency Fuel Adjustment Factor (EFAF)..

Join the debate on whether this Bunker Surcharge and the quantum actually qualifies as “Emergency”..

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