Emergency Bunker Recovery Measures Adjustment - June 2019
Considering the rise in oil prices recorded in April, CMA CGM Group has decided to re-implement the measures to pass on this rise (*).
Therefore, based on the Brent average price in April, the new amount will be applicable as from June 10th, 2019 (date of loading in the origin ports) until further notice, on all cargo (**) and long-haul trades (***) worldwide, as follows:
- USD 55 / EUR 45 per TEU (dry)
- USD 85 / EUR 70 per TEU (reefer)
(*)Denomination of the applicable measure may vary according to local regulation
(**) For any service contract or tariff rate that is not already subject to fluctuating Bunker Surcharg (BAF03)
(***) For intra-North Europe and intra-Med trades, quantum will be USD 30/EUR 25 per TEU dry and USD 45/EUR 40 per TEU reefer
The associated basic freights are available here: https://www.cma-cgm.com/ebusiness/tariffs/finder. Other Bunker-related surcharges, THC (Origin and Destination) Peak Season charges and similar charges and Safety and Security-related surcharges may also apply and are accessible at http://www.cma-cgm.com/ebusiness/tariffs/charge-finder. Other charges such as contingency charges and local charges may be applicable.