Hanmburg Sud America

By: | at 07:00 PM | Liner Shipping  

Hamburg S’d reduces US ’ Australia/NZ fuel surcharge

Hamburg S’d announced that it will be reducing Emergency Fuel Adjustment Factor (EFAF) charges on its North America - Australia/New Zealand trade routes from the current $206.00 per TEU to $178.00. The change will take effect March 15, 2005.

Company officials explained that EFAF charges are adjusted quarterly based on a computation of averaged bunker fuel costs over the past three months and are, therefore, based on past trends.


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