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2013 March 29   14:42

COSCO Container Lines announces a Fuel Adjustment Factor for Far East to Middle East services

COSCO Container Lines announces a Fuel Adjustment Factor (FAF) in Far East to Red Sea, Gulf & India Sub-Continent Trade and take effect from May 1, 2013 to May 31, 2013, said in the company's press release.

The revised FAF are as follows:

From Far East (except Japan) to Persian Gulf & India sub-continent - USD437 per TEU, USD874 per FEU

From Japan to Persian Gulf & India sub-continent - USD334 per TEU, USD668 per FEU

From Far East (include Japan) to Red sea - USD585 per TEU, USD1170 per FEU

Far East include: China Mainland, China Hong Kong, China Taiwan, China Macao, Philippines, Vietnam, Thailand, Malaysia, Singapore, Indonesia, Korea, Brunei, Cambodia, Myanmar and Bangladesh.
Persian Gulf include: Iran, Iraq, Kuwait, Saudi Arabia (Persian Gulf Coastal), Bahrain, Qatar, United Arab Emirates and Oman.
Indian Sub-continent include: India and Pakistan.
Red Sea include: Saudi Arabia (Red Sea Coastal), Yemen, Jordan, Egypt and Sudan.

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