South / Latin America – Marine Fuel Recovery (MFR) Notice (effective Feb.1, 2019)
In this special edition of the Hapag-Lloyd Latin America Customer letter, we will cover the specific topic of Marine Fuel Recovery (MFR) Surcharge for South / Latin America:
As per our IMO2020 strategy, we are simplifying our rate structure and shall replace all existing bunker fuel charges with a Marine Fuel Recovery Surcharge, as reported earlier in our CustomerInfo of October 8, 2018.
Acccordingly, please be informed that effective for sailings as of February 1, 2019 and valid until further notice, the Marine Fuel Recovery (MFR) application from/to South / Latin America will be as follows:
- Marine Fuel Recovery (MFR)
1) including Specials
* MFR values are valid in both directions on the respective subrelation
** Mexico East Coast assigned to North America East Coast, Mexico West Coast assigned to North America West Coast
- Marine Fuel Recovery (MFR) for long and short haul trades – Dry & Reefer
1) including Specials
* MFR values are valid in both directions on the respective subrelation
** Mexico East Coast assigned to North America East Coast, Mexico West Coast assigned to North America West Coast
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.
Important Note:
This Newsletter provides an overview on the most significant developments related to the commercial business of Hapag-Lloyd (Latin America). 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 informational purposes only. This document, in no way, replaces the application of the Public Tariff.
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