MSC to impose emergency fuel surcharge on cargo from March 16

GENEVA : MSC said on Saturday it would implement an ​emergency fuel surcharge to all ‌cargo from the Mediterranean (including West Mediterranean, Adriatic, East Mediterranean, Greece and Turkey) ​and Black Sea to the ​Indian sub-continent, Red Sea and East ⁠Africa, effective March 16.

It said ​the surcharge would be $30 per ​twenty-foot equivalent unit (TEU) from the Mediterranean and Black Sea to the Red Sea for ​dry containers, and $50 per TEU ​for refrigerated containers.Dry containers from the Mediterranean ‌and ⁠Black Sea to East Africa will be charged $60 per TEU, while refrigerated containers will be charged $90 ​per TEU, ​the world’s ⁠largest carrier of ocean container cargo said.

MSC will ​also impose a surcharge of $40 ​per ⁠TEU from the Mediterranean and Black Sea to the Indian sub-continent ⁠for ​dry containers, and $60 ​per TEU for refrigerated containers.

Source : Reuters