The member lines wish to advise that in accordance with the established review procedures, the Bunker Surcharge is to be adjusted to US$400 per TEU.
As a result of ongoing increases in the price of bunkers at Hong Kong and South Korea, the member lines wish to advise that in accordance with the established review procedures, the Bunker Surcharge is to be adjusted to US$400 per TEU with effect from December 4, 2009, except for shipments to Taiwan, which will attract the revised Bunker Surcharge from December 19, 2009.
APSA has been notified of this adjustment and customers requiring further information concerning the Bunker Surcharge are asked to contact the member lines.
TFA members have adopted voluntary policy guidelines and have reached a non-binding consensus on the implementation of the above arrangements.
TFA Members are:
ANL Singapore Pte Ltd, China Shipping Container Lines, COSCO Container Lines, Gold Star Line, Hamburg Sud, Hyundai Merchant Marine (HMM), Kawasaki Kisen Kaisha ("K" Line), Mediterranean Shipping Company (MSC), Mitsui O.S.K. Lines (MOL), Nippon Yusen Kaisha (NYK), Orient Overseas Container Line (OOCL).