Tue 5 May 2009 08:12

Asia-Australia lines to raise bunker surcharge


Member lines to increase bunker surcharge for dry and refrigerated containers in May.

Member lines of the Asia Australia Discussion Agreement (AADA) have announced plans to increase the bunker surcharge for cargo shipments from Hong Kong, China and Taiwan to Australia.

The revised surcharge will be adjusted to US$225 per twenty-foot equivalent unit (TEU) and US$450 per forty-foot equivalent unit (FEU) for dry and refrigerated containers effective from May 15th 2009, except Taiwan where it will be increased from May 30th 2009.

Meanwhile, freight rates for shipments originating from Korea, China, Hong Kong and Taiwan and destined for Australia will be raised on June 1st 2009. Dry and refrigerated cargoes will increase by US$250/TEU and US$500/FEU on top of existing market rates.

AADA members are ANL Singapore Pte (ANL), China Shipping Container Line (HK), COSCO Container Line, Gold Star Line (HK) (Zim/GSL), Hamburg Sud (HSDG), Hanjin Shipping, Hyundai Merchant Marine, Kawasaki Kisen Kaisha ("K" Line), Mediterranean Shipping Co. (MSC), Mitsui OSK Lines (MOL Line), Nippon Yusen Kaisha (NYK Line) and Orient Overseas Container Line (OOCL).
Opening of the IMO Marine Environment Protection Committee (MEPC), 83rd Session, April 7, 2025. IMO approves pricing mechanism based on GHG intensity thresholds  

Charges to be levied on ships that do not meet yearly GHG fuel intensity reduction targets.
Preemraff Göteborg, Preem's wholly owned refinery in Gothenburg, Sweden. VARO Energy expands renewable portfolio with Preem acquisition  

All-cash transaction expected to complete in the latter half of 2025.
Pictured: Biofuel is supplied to NYK Line's Noshiro Maru. The vessel tested biofuel for Tohoku Electric Power in a landmark first for Japan. NYK trials biofuel in milestone coal carrier test  

Vessel is used to test biofuel for domestic utility company.
Pictured (from left): H-Line Shipping CEO Seo Myungdeuk and HJSC CEO Yoo Sang-cheol at the contract signing ceremony for the construction of an 18,000-cbm LNG bunkering vessel. H-Line Shipping orders LNG bunkering vessel  

Vessel with 18,000-cbm capacity to run on both LNG and MDO.
Stanley George, VPS Group Technical and Science Manager, VPS. How to engineer and manage green shipping fuels | Stanley George, VPS  

Effective management strategies and insights for evolving fuel use.
Sweden flag with water in background. Swedish government bans scrubber wastewater discharges  

Discharges from open-loop scrubbers to be prohibited in Swedish waters from July 2025.
The ME-LGIA test engine at MAN's Research Centre Copenhagen. MAN Energy Solutions achieves 100% load milestone for ammonia engine  

Latest tests validate fuel injection system throughout the entire load curve.
Terminal Aquaviário de Rio Grande (TERIG), operated by Transpetro. Petrobras secures ISCC EU RED certification for B24 biofuel blend at Rio Grande  

Blend consisting of 24% FAME is said to have been rigorously tested to meet international standards.
Avenir LNG logo on sea background. Stolt-Nielsen to fully control Avenir LNG with acquisition  

Share purchase agreement to buy all shares from Golar LNG and Aequitas.
Seaspan Energy's 7,600 cbm LNG bunkering vessel, s1067, built by Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. Bureau Veritas supports launch of CIMC SOE's LNG bunkering vessel  

Handover of Seaspan Energy's cutting-edge 7,600-cbm vessel completed.

↑  Back to Top


 Related Links