APL, as part of the CMA CGM Group, has introduced a Low Sulphur Surcharge (LSS) since 1 December 2019 for short-term contracts as a result of higher fuel-related costs in complying with the IMO 2020 Low Sulphur Regulation.
APL says that taking into consideration the current price of VLSFO, Low Sulphur Surcharge (LSS) will be USD$0 from 1 May 2020, until further notice.