Hapag-Lloyd adds new spot sulphur cap charge

German containerline Hapag-Lloyd has added an extra layer of costs for clients with the sulphur cap just two months away.

Hapag-Lloyd had already introduced its Marine Fuel Recovery (MFR) mechanism nine months ago, a fee aimed at cargoes contracted for long- and medium-term periods.

To cover all FAK cargo, spot and Quick Quotes business, a supplementary element has now been applied in addition to the MFR, in order to recover the fuel spread between HSFO 3.5% and LSFO 0.5% as well as operational transition costs that are not part of the MFR calculation. Quick Quotes is the Hamburg line’s new online booking system.

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.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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