Hyundai Low Sulphur Surcharge

Hyundai Low Sulphur Surcharge

 

One by one the carriers come on the screen with their low sulphur surcharges, this is Hyundai :

 

 

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HMM Notice: Low Sulphur Surcharge (LSF) introduction

 

We’d like to advise that HMM will implement a Low Sulphur Surcharge for all shipments from/to Europe SECA (Sulphur Emission Control Area : North Sea & Baltic Sea)

& US ECA (Emission Control Area : North America) due to fortified emission control regulation at Eurpoe (SECA) & US (ECA).

 

For your information, carriers should use more purified bunker (sulphur percentage 1.0%  0.1%) which costs higher than currently used bunker.

 

1) Freight Code : LSF

2) Trade :

Trade

Applicable range

AES

Shipments from/to EU (SECA)

TAS

Shipments from//to EU (SECA) or US (ECA)

3) Amount :

(USD/TEU)

AES

TAS

(W/B & E/B)

E/C

W/C

Main Port

$25

$60

$85

EU Outport

$75

$110

$135

 

 

4) Effective Date : From January 1st. 2015 until further notice

 

As this surcharge has been implemented as a necessity of working in the shipping business environment and is a third party cost, it will be added to all rates from 1st January, regardless of the terms of the rates in a customer’s contract or RR filing. This surcharge will apply to all rates, even those that are quoted “all inclusive”.

 

 

 

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