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2020 May 6   10:09

CMA CGM will not apply Low Sulphur Surcharge in June 2020

CMA CGM 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.

As from June 1st, 2020, taking into consideration the current price of VLSFO, CMA CGM announced that this Low Sulphur Surcharge is not applicable and may come back later, the company said in its release.

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