OOCL announces a temporary Emergency Bunker Surcharge due to fuel supply disruptions from the Middle East conflict, effective March 23 and April 13.
Orient Overseas Container Line (OOCL) will introduce a temporary Emergency Bunker Surcharge (EBS) in response to fuel supply disruptions caused by the war in the Middle East, the company announced.
The carrier stated that fuel transportation through the Strait of Hormuz has been affected, creating global challenges in fuel availability. The surcharge is intended to secure fuel access for cargo movements and maintain service stability.
OOCL indicated that the EBS will apply worldwide, covering costs beyond existing Fuel Cost Recovery and Low Sulphur Adjustment mechanisms. For shipments outside the Federal Maritime Commission (FMC) scope, the surcharge takes effect on March 23. For shipments within FMC scope, it begins on April 13.
The surcharge will remain valid until further notice and is subject to the carrier's prevailing tariffs published on its website. OOCL mentioned that the EBS will be reviewed every 14 days to ensure alignment with fuel market conditions.
Customers are advised to check OOCL.com for updates on tariff changes. The company thanked shippers for their understanding and urged them to contact sales representatives for inquiries.
