TAIWAN, CHINA

LSS20 & BAF Implementation for Inbound Shipments (Effective from JUL 1st, 2020)

Dear Customers,


In order to benefit the environment and follow IMO’s (International Maritime Organization) rules of global Sulphur limit of 0.5%, CMA CGM group has adopted several activities, including replacement of fuel oil with a Sulphur content of 0.5% or less, to follow IMO’s regulation.


For short-term contracts (up to 3 months validity), please be informed that monthly charge – Low Sulphur Surcharge (LSS) – will be applied on top of CMA CGM group’s ocean freight with effective from JUL 1st, 2020.

  • Applicable Area: All Taiwan inbound shipments (APL-CNC, CMA CGM & ANL B/L)
  • Contract Validity: up to 3 months
  • Payment Term: Prepaid/Collect along with ocean freight
  • Effective Date: JUL 1st, 2020 (On board date, quantum adjust monthly)

image

For long-term contracts (more than 3 months validity), please be informed that quarterly charge – Bunker Adjustment Factor (BAF) – will be applied on top of CMA CGM group’s ocean freight with effective from JUL 1st, 2020.

  • Applicable Area: All Taiwan inbound shipments (APL-CNC, CMA CGM & ANL B/L)
  • Contract Validity: more than 3 months
  • Payment Term: Prepaid/Collect along with ocean freight
  • Effective Date: 2020/07/01 (On board date, quantum adjust quarterly)

image