Cosco to hike Asia-South America BAF
Cosco Container Lines announced an increase in its bunker surcharge on all shipments, including reefers, from the Far East to the east coast of South America, the Journal of Commerce reported.
Effective, April 17, the new bunker adjustment factor will be $1,100 per 20-foot equivalent unit and $2,200 per 40-foot equivalent unit.
Effective, April 17, the new bunker adjustment factor will be $1,100 per 20-foot equivalent unit and $2,200 per 40-foot equivalent unit.