Worldwide Price Announcement - Marine Fuel Recovery Surcharges (MFR) – Update outside Quarterly Review Period
With below compilation, we wish to inform you about the latest update on our Marine Fuel Recovery (MFR) table as global coverage which will substitute former regional advisories with just one frequent document to also assist your better ease of use.
With the implementation of our new MFR mechanism we also started a monthly review period in order to adjust the MFR outside the regular quarterly updates, in case fuel price fluctuations exceed USD 45,- per ton.
Due to the recent strong price fluctuations experienced, we now adjust our MFR values downwards.
Please note the worldwide MFR charges will be adjusted from the current to following revised levels, effective for sailings as of March 1, 2019 and valid until further notice:
1) Including Specials
2) Other long haul relations including Oceania - Middle East, South Am East Coast - North Am West Coast incl. Mexico East Coast, North America West Coast incl. Mexico West Coast - Indian Subcontinent, North America West Coast incl Mexico West Coast - Middle East, Oceania - Indian Subcontinent, South America West - North America West Coast incl. Mexico West Coast, Indian Subcontinent – Oceania
3) Other short haul relations including Intra Africa East, Africa East - Africa South, Africa East - Africa West, Intra Africa South, Africa South - Africa West, Intra Africa West, Indian Ocean Islands - Oceania, Indian Ocean Islands - Far East, Indian Ocean Islands - Africa East, Indian Ocean Islands - Africa South, Indian Ocean Islands - Africa West, Indian Ocean Islands - Indian Ocean Islands, Indian Ocean Islands - Indian Subcontinent, Indian Ocean Islands - Middle East, Intra North America East Coast incl. Mexico East Coast, North America West Coast incl. Mexico West Coast - North America East Coast incl. Mexico East Coast, Intra North America West Coast incl. Mexico West Coast, Intra North America Gulf, North America West Coast incl. Mexico West Coast - North America Gulf
Please note the MFR is valid for both directions and shown as a separate fee on your invoice.
We will continue to monitor MFR values on a regular basis and all adjustments will be made following the review period with appropriate notice given to the trade.
Further information about our IMO2020 strategy and our new fuel mechanism can be found on our website.
The FAK base rates as well as Security related surcharges, Peak Season surcharges (if applicable) and Terminal Handling Charges (THCs) remain unchanged and can be found here. Other local charges and contingency surcharges may apply.
Please note that all changes that do require a legal 30-day notice are duly filed and announced in the respective Public Tariffs and this document shows some of these changes for international purpose only.
This document in no way replaces the application of the Public Tariff.
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