Index-linked agreements: 'shippers have to have the stomach for them'
Shippers pondering the pros and cons of index-linked agreements (ILAs) “have to have the stomach ...
Shippers in Bangladesh sending a 40ft container from Chittagong to the deepsea transhipment hubs of Colombo and Singapore must pay a $100 per box bunker adjustment factor (BAF) low-sulphur surcharge.
“Some operators have been collecting the surcharge since December and some in January to adjust the fuel oil price hike,” said Iqbal Hassan, general manager of local ship agency and customs brokerage QC Shipping.
He added that from Chittagong to Europe and the US, mainline operators were charging even more: $100-$150 per teu.
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