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By Mike Wackett
Facing an extra fuel bill of more than $2bn a year, as a consequence of the IMO 0.5% sulphur cap from 2020, Maersk Line set to introduce a new bunker surcharge mechanism.
“The cost of compliance with the new regulation will be significant, so the cost of shipping will increase,” said the carrier.
“In order to allow customers to predict, plan and track how changes in fuel price will impact total shipping freight, Maersk Line will introduce a simple and predictive bunker adjustment factor (BAF).”
To ...
Comment on this article
Hans-Henrik Hansen
September 18, 2018 at 7:43 amHmmmm….am I the only one sceptical about this approach? A few challenges (from the clients’ perspective):
1) So Maersk is not addressing the changing legislation, they just pass on to the clients – and even when Maersk address the changes and obtain lower costs then no part of this is passed to clients.
2) Different charges for different tradelanes. Will not exactly make it easy for clients to keep track of.
3) Difficult to see the correlation between the reefer multiplier and the actual additional costs for the reeffer electricity.
Would be interesting to join a current internal Maersk Values training to understand how values such as ‘Constant Care’ and ‘Humbleness’ are interpreted nowadays.
Mike Wackett
September 21, 2018 at 1:10 pmBut you have to admit Hans-Henrik that at least Maersk are being proactive – hopefully other carriers will also publish their proposals.