JAPANESE owned but Singapore based Ocean Network Express (ONE) will implement a sulphur fuel surcharge November 1 for the new South Korean Emission Control Areas, reports Colchester's Seatrade Maritime News.
A maximum 0.1 per cent sulphur content for fuel now applies for vessels berthed or at anchorage in the ports of Busan, Incheon, Yeosu-Gwangyang, Ulsan and Pyeongtaek-Dangjin.
'These measures result in increased operational costs,' ONE said in a customer advisory announcing a LSF of US$3 per TEU for all Korean import and export cargo.
'The quantum has been derived via a logical and equitable calculation mechanism and any future adjustments will made on the same basis,' said the company, an amalgam of the container services of Japan's big three, MOL, NYK and 'K' Line.
'ONE continues to explore all avenues available to mitigate fuel consumption and fuel associated costs for the benefit of the global environment and the supply chain costs of our valued customers,' the container line said.
SeaNews Turkey
A maximum 0.1 per cent sulphur content for fuel now applies for vessels berthed or at anchorage in the ports of Busan, Incheon, Yeosu-Gwangyang, Ulsan and Pyeongtaek-Dangjin.
'These measures result in increased operational costs,' ONE said in a customer advisory announcing a LSF of US$3 per TEU for all Korean import and export cargo.
'The quantum has been derived via a logical and equitable calculation mechanism and any future adjustments will made on the same basis,' said the company, an amalgam of the container services of Japan's big three, MOL, NYK and 'K' Line.
'ONE continues to explore all avenues available to mitigate fuel consumption and fuel associated costs for the benefit of the global environment and the supply chain costs of our valued customers,' the container line said.
SeaNews Turkey