1. Home
  2. Maritime industry news - PortNews
  3. CMA CGM introduced Low Sulfur Surcharge (LSS20)

2020 January 5   13:25

CMA CGM introduced Low Sulfur Surcharge (LSS20)

CMA CGM says it has introduced a Low Sulphur Surcharge (LSS20) effective December 1st, 2019 to cover the increase in fuel-related costs associated with the implementation of the IMO 2020 regulation.

The February 2020 LSS20 tariffs are calculated using difference between October 2019 high sulphur fuel oil prices and December 2019 low sulphur fuel oil prices.

As from the 1st of february 2020, the retained value is USD 275 per ton, which is multiplied by trade coefficient.

The LSS20 will be applicable to all contracts with validity up to three months and the tariff values are available online the shipping company's website.

Topics:

CMA CGM

On Main

To the newsfeed

News 2025 January 20

18:00

Navig8 сommences сommercial management of 20 ADNOC L&S tanker vessels

17:36

Sungrow Hydrogen wins supply contract for the 320MW green ammonia project in Oman

17:13

Sunlight Group to acquire a 51% stake in Lehmann Marine

16:48

NKT celebrates keel laying for new cable-laying vessel, NKT Eleonora

15:54

Ningbo-Zhoushan Port sets new record in 2024 with cargo throughput of 1.37 bln tonnes

15:20

Chinese icebreaker Xuelong-2 reaches Amundsen Sea for research mission

14:43

MSC remains top in global container shipping market

14:04

Holland Shipyards Group to complete advanced Construction Support Vessel for Chevalier Floatels

13:54

Nordic сountries sign agreement for enhanced transport resilience

13:23

IHO adopts operational S-100 standards for maritime navigation

12:55

COSCO Shipping Specialized Carriers takes delivery of general cargo ship Green Rizhao

12:13

“TIE JIAN FENG DIAN 2000” offshore wind power installation platform successfully delivered

11:48

Lhyfe and Masdar join forces to explore the co-development of major green hydrogen production projects

10:48

Hapag-Lloyd adjusts Congestion Surcharge for dry cargo shipping to South Africa from Europe

10:25

GTT and China Offshore sgn strategic agreement in Shanghai

2025 January 19

15:46

Industry executives: Red Sea too risky even after Gaza ceasefire – MarineLink

14:19

Kongsberg Maritime delivers first USV Rreach Remote

13:18

Hapag-Lloyd's current fleet total capacity reached 2.34 million TEUs

11:32

MSC eyes development of new Italian terminal

10:18

CNC resumes NKT service with enhanced coverage and frequencies

09:58

Port of Long Beach marks 20 years of leading green

2025 January 18

15:35

BOEM finalizes fisheries mitigation guidance

12:11

Sanmar contracted to build fully electric ASD tug for major global operator

11:28

ML - ME8, the final standalone Maersk Line service on Asia - Europe to be suspended

10:07

Canada’s OSC announces three new ocean innovation projects worth more than $9 million

2025 January 17

18:05

Shipping industry implements new safety measures for charcoal transport

17:06

Electric сatamaran for Norderney successfully completes acceptance runs

16:35

Ostseestaal to build all-electric ferry for Heligoland

16:15

Burger to build new tour boat for Chicago’s Wendella

15:36

Damen cuts steel on latest Island Class vessel for BC Ferries