Container lines participating in the Canada Transpacific Stabilization Agreement (CTSA) plan to raise their fuel recovery surcharges on August 1.
The increases will be as follows: US$1,012, up from $904, per TEU; $1,265, up from $1,130, per FEU; $1,423, up from $1,271, per FEU high-cube; $1,601, up from $1,431, per 45-footer and $28 up from $25 weight-measure adjustment.
Starting August 1, CTSA's currency adjustment factor will become eight per cent, from seven per cent, reports the American Shipper.
CTSA member lines are: APL, Cosco Container Lines, Evergreen Line, Hanjin Shipping, Hapag-Lloyd, Hyundai Merchant Marine, "K" Line, MOL, NYK Line, OOCL, Yang Ming and Zim Integrated Shipping Services Ltd.
The increases will be as follows: US$1,012, up from $904, per TEU; $1,265, up from $1,130, per FEU; $1,423, up from $1,271, per FEU high-cube; $1,601, up from $1,431, per 45-footer and $28 up from $25 weight-measure adjustment.
Starting August 1, CTSA's currency adjustment factor will become eight per cent, from seven per cent, reports the American Shipper.
CTSA member lines are: APL, Cosco Container Lines, Evergreen Line, Hanjin Shipping, Hapag-Lloyd, Hyundai Merchant Marine, "K" Line, MOL, NYK Line, OOCL, Yang Ming and Zim Integrated Shipping Services Ltd.