Amendment of BUC and LSF Surcharge Update Cycle

We would like to inform you that with effect from March 1, 2018 Hapag-Lloyd will change the Bunker Charge (BUC) and Low Sulphur Fuel Charge (LSF) update cycle from quarterly to monthly for all applicable trades.

This change of the update cycle is necessary, due to the strong bunker price development. We reserve the right to change the update cycle anytime in the future.

Thank you for your understanding and continued support.