Tue 29 Dec 2009, 07:02 GMT

Asia-Australia lines to raise bunker surcharge


AADA to increase surcharge for shipments from Hong Kong and China to Australia.



Reflecting recent increase in the price of oil at Hong Kong and South Korea, the member lines of Asia Australia Discussion Agreement (AADA) have advised that in accordance with the established review procedures, the bunker surcharge level for shipments from China and Hong Kong to ports in Australia is to be adjusted to US$425 per TEU and US$850 per FEU for dry and refrigerated containers with effect from 8th January, 2010 except for Taiwan where the increased rate will be effective from January 23, 2010.

Customers requiring further information concerning the bunker surcharge are advised to contact the member lines.

AADA members have adopted voluntary policy guidelines and have reached a non-binding consensus on the above arrangement.

AADA members are: ANL Singapore Pte Ltd (ANL), China Shipping Container Line (HK), COSCO Container Line, Hamburg Sud (HSDG), Hanjin Shipping, Hyundai Merchant Marine, Kawasaki Kisen Kaisha ("K Line") Maersk Line, Mediterranean Shipping Co. (MSC), Mitsui O.S.K. Line (MOL Line), Nippon Yusen Kaisha (NYK Line), Orient Overseas Container Line (OOCL), Gold Star Line (HK) (ZIM Line).


Jurgen Gerdes, WinGD. WinGD signs global service agreement for TMS Cardiff Gas LNG carrier newbuilds  

WinGD will support six dual-fuel engines on three new LNG carriers for the Athens-based operator throughout their operational lives.

Yangze LNG 01 vessel. Yangzijiang Xinfu delivers first 175,000-cbm LNG carrier built by Chinese private shipyard  

Vessel features two dual-fuel MAN B&W 5G70ME-C10.5-GA-EGR engines fitted with cryogenic units.

Kaguya 200th ship-to-ship (STS) LNG bunkering operation. LNG bunkering vessel Kaguya completes 200th ship-to-ship operation in Japan  

K Line’s joint venture vessel reaches milestone in Mikawa Bay.

MFM Nicole vessel. Synergy Marine adds dual-fuel LPG carrier to managed fleet  

MFM Nicole joins Synergy’s gas carrier portfolio as owners weigh fuel choices ahead of MEPC 85 negotiations.

CMA CGM Notre Dame vessel. DSV to use CMA CGM’s ACT+ solution to slash shipping emissions  

Danish firm targets 12,000-tonne reduction in CO₂ emissions over two years through the use of UCOME-based biofuels.

Peninsula 2026 graduate cohort. Peninsula welcomes 2026 graduate cohort across global bunkering network  

Bunker firm brings new graduates into roles spanning Houston, Singapore, Gibraltar, Monaco and Las Palmas.

Mathias Krogsgard, Malik Supply. Malik Supply appoints Mathias Krogsgård as bunker trader  

Danish bunker firm adds trader with export and technology background to growing team.

Jeroen De Vos, Peninsula. Biofuel adoption in shipping shifts from debate to delivery, says Peninsula's Jeroen de Vos  

Marine biofuels have moved from pilot projects to routine fuel strategy, argues IBIA vice-chair.

KEPCO E&C and KR signing. KEPCO E&C and Korean Register of Shipping to collaborate on marine SMR development  

Korean firms to develop technical standards and certification pathways for the BANDI offshore small modular reactor.

Ship-to-ship (STS) LNG bunkering operation at the Port of Sagunto. Peninsula completes first LNG bunkering operation at Sagunto  

Levante LNG bunkering vessel supplies K Line car carrier in landmark delivery.