This is a legacy page. Please click here to view the latest version.
Tue 9 Jun 2009, 09:52 GMT

TFA raises bunker surcharge


Fuel surcharge is revised upwards for Australia-North and East Asia member lines.



Member lines of the Australia to North & East Asia Trade Facilitation Agreement (TFA) have announced that there will be an increase in the bunker surcharge as a result of the recent rise in the price of marine fuel in key port locations.

The surcharge is to be adjusted to US$275 per twenty-foot equivalent unit (TEU) with effect from June 12, 2009, except for shipments to Taiwan, which will attract the revised bunker surcharge from June 27, 2009.

TFA members have adopted voluntary policy guidelines and have reached a non-binding consensus on the implementation of the above arrangements.

Customers requiring further information concerning the bunker surcharge have been asked to contact the member lines directly.

TFA Members are: ANL Singapore Pte Ltd, China Shipping Container Lines, COSCO Container Lines, Gold Star Line, Hamburg Sud, Hyundai Merchant Marine (HMM), Kawasaki Kisen Kaisha (K Line), Mediterranean Shipping Company (MSC).


Methanol bunker fuel delivery. World Fuel Services and West Coast Clean Fuels launch methanol bunkering across US ports  

First over-the-water methanol delivery completed in South Florida with Coast Guard-approved procedures.

Valerie Ahrens. Burando Energies appoints Valerie Ahrens as global head of methanol  

Ahrens brings more than 30 years of energy sector experience to the marine fuels supplier.

New Sea Generation (NSG) logo. New Sea Generation seeks junior bunker trader in Greece  

Greek bunker firm advertises role requiring commitment to demanding work schedule and operational responsibilities.

Person signing a document. IINO Lines secures sustainable shipping finance for methanol dual-fuel VLCC  

Japanese shipowner signs impact financing agreement with Mizuho Bank for alternative-fuel tanker.

Fluxys logo. Fluxys Belgium reports EUR74.9m profit as LNG flows surge and hydrogen infrastructure begins  

Belgian gas infrastructure operator’s 2025 net profit fell 8.8% amid hydrogen and CO₂ investments.

VPS logo. Shale oil components detected in Singapore marine fuel | VPS  

VPS testing identifies 90,000 mt of delivered VLSFO containing Estonian shale oil compounds.

Constantinos Capetanakis, Star Bulk. IBIA chair completes two-year term, citing expansion in regulatory engagement and membership  

Outgoing chair to remain on Global Board and lead Future Fuels and Bunker Buyers’ working groups.

Aerial view of a container vessel. LNG and methanol investments risk becoming 'dead ends' for shipping decarbonisation, UCL study finds  

Research warns transitional marine fuels may lock in fossil infrastructure rather than enabling an ammonia pathway.

Vitalii Protasov, GENA Solutions Oy. Protasov: Renewable fuel supply could meet shipping demand, but offtake agreements remain a barrier  

GENA Solutions CEO highlights project pipeline growth but warns regulatory uncertainty hampers investment decisions.

Frontier Venture vessel. Wah Kwong takes delivery of first LNG-ready LR2 tanker with Bureau Veritas SMART notation  

Frontier Venture is first in newbuild series to achieve Group 3 'augmented ship' capabilities.


↑  Back to Top