UNIFEEDER, a Danish short sea operator, has announced a EUR65 (US$84) per laden TEU Sulphur Emission Control Area (SECA) surcharge to cover extra low-sulphur fuel costs mandated by EU environmental regulations that take effect January 1.
The legislation covers a large geographic area extending from the English Channel into the Baltic Sea.
Under the law, vessels operating in the SECA from the start of the New Year will be allowed a maximum sulphur content in their fuel of 0.1 per cent compared to today's limit of 1.0 per cent.
Alternatively, the exhaust gas must be cleaned to obtain an equivalent reduction. This legislation originates from the UN's International Maritime Organisation (IMO).
The surcharge equals Unifeeder's cost increase of switching to Marine Gas Oil (MGO) instead of using low sulphur Intermediate Fuel Oil (IFO).
But the company said it will also maintain its existing Bunker Adjustment Factor (BAF) and implement the SECA cost as a separate surcharge, reports the St Petersburg PortNews.
Transport at sea is already the most environmentally friendly mode of transport, and the 90 per cent reduction in sulphur emission should encourage shippers to move more cargo away from higher polluting modes of transport and onto the sea.
WORLD SHIPPING
12 September 2014 - 10:12
Unifeeder adds low-sulphur fuel surcharge of US$84 per laden TEU
UNIFEEDER, a Danish short sea operator, has announced a EUR65 (US$84) per laden TEU Sulphur Emission Control Area (SECA) surcharge to cover extra low-sulphur fuel costs mandated by EU environmental regulations that take effect January 1.
WORLD SHIPPING
12 September 2014 - 10:12
Unifeeder adds low-sulphur fuel surcharge of US$84 per laden TEU
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