15 shipping lines to add levy

business-times.asia1.com.sg :

AP Moeller-Maersk A/S, Neptune Orient Lines Ltd and 13 of the biggest shipping lines that sail between Asia and Europe said they will impose a peak season surcharge from Aug 1 to recover part of rising fuel costs.

The 15-member Far Eastern Freight Conference will add a surcharge of US$90 per 20-foot standard containers moved from Asia (excluding Japan) to Europe. The group, which accounts for about 60% of trade between the two continents, will impose the levy until Oct 31.

(2006-07-06 22:28:03 SGT) [Energy] Permalink

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