MSC updates effective November 1, 2019

posted by AJOT | Oct 01 2019 at 09:02 AM | Maritime | Liner Shipping

USA to Canada & Mexico

Bunker Recovery Charge (BRC)

Levels Effective November 1st, 2019

Mexico And Canada Export /Import, the BRC will remain the same, effective November 1st, 2019:

USA to ECSA

Bunker Recovery Charge (BRC)

Levels Effective November 1st, 2019

From All USA Ports of Loading to Brazil, Argentina, Uruguay and Paraguay

The new BRC (Bunker Recovery Charge) levels applicable for ECSA Southbound effective November 1st, 2019,will be the following:

BRC is monthly updated using a coefficient of 0.25 on the NYC/Houston & Santos 380 CST average

USA to Central America & Central America to USA

USA to Venezuela & Venezuela to USA

USA to Caribbean & Caribbean to USA

Bunker Recovery Charge (BRC)

Levels Effective November 1st, 2019

BRC (Bunker Recovery Charge) applicable From / To - Central America, From / To – Venezuela & From / To - Caribbean for the month of November:

Postponement

Import Middle East/India Sub-Continent to USA

General Rate Increase (GRI)

The below announced General Rate Increase has been postponed to October 6th, 2019.

Steamship lines are once again challenged to maintain service profitability since freight rates are at levels that are no longer sufficient given current costs.

Mediterranean Shipping Company is committed to provide our shippers with a value-added competitive service.

In order to maintain such a service, the following General Rate Increase (GRI) effective September 16th , 2019 October 1, 2019 October 6, 2019 as below;

Cargo from: Saudi Arabia (only Dammam & Jubail), Bahrain, Kuwait, Iraq, Qatar, Oman, United Arab Emirates, India, Pakistan, Bangladesh, Sri Lanka, Maldives

To: USA and Puerto Rico: