Michelle Grose returns home as Maersk's MD/president for Canada
AP Møller-Maersk (APMM) has appointed Michelle Grose as its MD/president for Canada. A native Canadian, Ms ...
Photo: VesselFinder
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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