![Hamburg Sud](https://www.datamarnews.com/wp-content/uploads/2019/11/Hamburg-Sud.jpg)
Hamburg Süd will apply surcharge for cleaner fuel use starting in December
Nov, 04, 2019 Posted by Sylvia SchandertWeek 201945
Hamburg Süd will apply additional charges to its customers for the use of cleaner fuel starting on December 1st.
The carrier noted, in a statement, that the Environmental Fuel Fee (EEF) will be applied as a result of the costs associated with the new fuel, which will be used to comply with IMO 2020 regulation, aimed at reducing sulfur emissions from fuels.
According to Hamburg Süd, the rates were calculated using the price difference between high sulfur content fuel and low sulfur content fuel.
The estimated difference is of US$193.08 per ton. In this regard, the carrier indicated that, until a reliable price index for fuels with a sulfur content of 0.5% is available, Hamburg Süd will have a 0.1% diesel rate deducted for US$50/ton.
Related Post
-
Ports and Terminals
Nov, 24, 2020
0
Rumo and DP World sign agreement for grain terminal in Santos
-
Trade Regulations
Aug, 11, 2020
0
Trump threatens to tax Brazilian products as retribution for Brazil´s taxes on US ethanol imports
-
Shipping
Aug, 05, 2022
0
BR do Mar: gov’t issues decree allowing companies to enroll in the cabotage program
-
Coffee
Aug, 08, 2023
0
Brazil’s 2023 coffee crop seen larger at 65.8 mln bags – broker