De minimis change would be 'no bad thing' for logistics operators
Logistics suppliers appear increasingly unfazed by the chaos emanating out of the White House and ...
Maersk’s new fossil fuel fee (FFF), which replaces its bunker adjustment factor (BAF) and low-sulphur (LSS) surcharges, appears to be more costly outcome for shippers, and to the carrier’s advantage.
On 31 May, Maersk announced the FFF and since 1 July, all new contracts with more than three months’ validity have been quoted including the new fee.
To calculate FFF, the Danish carrier uses Platts’ fuel price index for 0.5% sulphur fuel oil (VLSFO) and 0.1% sulphur fuel oil (LSMGO).
Using this methodology ...
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