ONE implements Low Sulphur Fuel Surcharge in Central China
Due to a regulation requiring ships to use 0.5% or less Low Sulphur Fuel in the Yangtze Delta ECA designated areas coming into force on 1 October 2018, Ocean Network Express has announced the following pricing adjustment. As a consequence of the regulation and changed circumstances, ONE will implement the following Low Sulphur Fuel surcharge (LSF) of US$15/TEU for all China export cargoes shipping via Shanghai & Ningbo & Nanjing as from January 1 st 2019 (as determined by the actual date of cargo loading at Shanghai & Ningbo & Nanjing). The LSF quantum will be applicable for cargo shipping to all destinations. The quantum has been derived via a logical & equitable calculation mechanism and any future adjustments will made on the same basis.