Tue 29 May 2018 12:11

CMA CGM implements emergency bunker fees


New surcharges a result of 'the significant increase in bunker prices'.


The CMA CGM Marco Polo.
Image: CMA CGM
CMA CGM has announced the implementation of what it describes as "Emergency Bunker Recovery Measures" following the recent increase in marine fuel prices.

The boxship operator said the measures were being introduced "due to the significant increase in bunker prices since the beginning of the year and to keep ensuring the highest quality of service to its customers".

CMA CGM's plan is to recover the bunker costs via bunker-related surcharges which will be applied to all cargo on all worldwide trades.

The fees will be:

Dry: USD 55/TEU
Reefer: USD 85/TEU

Dry: EUR 45/TEU
Reefer: EUR 70/TEU

The implementation date will be June 1 (date of loading) for non-FMC trades and July 1 (date of loading) for Taiwan and FMC trades.


South Africa flag illustration. Peninsula expands marine fuel operations to Algoa Bay  

Supplier partners with Linsen Nambi to launch bunkering services from October.

Palace of Westminster, London. UK government commits GBP 448m to maritime decarbonisation research programme  

UK SHORE funding aims to accelerate clean shipping technologies through 2030.

Header image for ABS 2025 Sustainability Outlook, Beyond the Horizon: Vision Meets Reality. ABS chief urges IMO to pause net zero framework over fuel availability concerns  

Christopher Wiernicki says LNG and biofuels are 'mission critical' to shipping decarbonisation success.

Quadrise production process — illustration. Quadrise appoints veteran Peter Borup as CEO to drive commercialisation  

Former Maersk executive to lead decarbonisation technology company from October 1.

HMS Bergbau logo. German commodities trader HMS Bergbau enters marine fuels market  

Company acquires experienced team to trade bunkers and lubricants globally.

Product tanker Artizen, owned by Hong Lam Marine. Hong Lam Marine takes delivery of Artizen tanker in Japan  

Singapore-based firm receives new vessel from Kegoya Shipyard.

Birdseye view of containership. Panama Canal launches NetZero Slot to incentivize low-emission transits  

New reservation category prioritizes dual-fuel vessels capable of using alternative fuels from November.

Van Oord's Vox Apolonia. Van Oord deploys bio-LNG dredger for Dutch coastal project  

First bio-LNG-powered trailing suction hopper dredger operation begins in the Netherlands.

Model testing for Green Handy methanol-powered vessel. Methanol-fuelled Green Handy ships pass model tests ahead of 2026 construction  

Baltic carrier reports model testing exceeded performance targets for 17,000 dwt methanol-powered vessels.

Miguel Hernandez and Olivier Icyk at AiP for FPSO. SBM Offshore's floating ammonia production design gets ABS approval  

Design converts offshore gas to ammonia while capturing CO2 for maritime and power sectors.