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).


Bermuda Container Line (BCL) logo. Bermuda Container Line imposes emergency bunker surcharge citing Iran War fuel price spike  

Shipping operator to add $150 per TEU charge from 1 May amid geopolitical fuel cost pressures.

China flag. Zhejiang’s first methanol-powered container ship launches in Jiaxing  

Vessel uses methanol propulsion technology to reduce carbon dioxide emissions by 90%.

TES flag with a model vessel in the background. TES joins SEA-LNG coalition to advance e-methane as marine fuel  

Green energy company targets 1m tonnes annual e-methane production by 2030 for shipping decarbonisation.

Ethanol and methanol workshop graphic. IBIA to host workshop on ethanol and methanol marine fuels during Singapore Maritime Week  

Half-day event will examine alcohol-based fuel pathways and integration into shipping’s multi-fuel landscape.

Steel-cutting ceremony for 13,000-dwt vessel. ROC begins construction of second chemical tanker for Essberger  

Chinese shipbuilder holds steel-cutting ceremony for 13,000-dwt methanol-ready vessel with ice class capability.

Norsepower and CHIC sign agreement. Norsepower and Cosco Shipping Heavy Industry Equipment sign wind propulsion cooperation agreement  

Wind propulsion technology provider partners with Chinese shipyard to scale rotor sail production.

Wärtsilä logo. Shipping firms struggle to prioritise decarbonisation investments amid regulatory uncertainty, Wärtsilä survey finds  

Survey of 225 maritime executives reveals 70% say uncertainty hinders investment decisions despite regulatory pressure.

IMT Isca G-Flex vessel render. Longitude Engineering unveils IMT Isca G-Flex PSV design with alternative fuel capability  

Naval architecture firm launches adaptable platform support vessel design based on the IMT-984 G-Class hull.

Philippos Ioulianou, EmissionLink. Shore power infrastructure is key to cutting ferry emissions in European cities, says EmissionLink  

Port electrification is needed to enable vessels to switch off engines at berth, reducing urban pollution.

Maritime and Port Authority of Singapore logo. Singapore prioritises maritime resilience amid geopolitical uncertainty, eyes digitalisation and green fuels  

MPA chief outlines the sector’s adaptation to supply chain disruptions while advancing automation and alternative fuels.


↑  Back to Top