Dear customer,
In light of heightened geo-political tensions as well as contributing macro-economic developments the fuel price in 2018 has increased by 45% versus the 2017 average reaching a level of USD 440 per ton (Basis IFO 380 / Rotterdam). This significant and sudden upward development in shipping’s largest single cost component means that it is no longer possible for Hamburg Süd to sustain its services without an adjustment to its fuel cost recovery.
As a result, Hamburg Süd sees no other option but to introduce an Emergency Fuel Adjustment Factor (EFAF) as a necessary step to ensure a continued sustainable and quality service to our customers.
The EFAF will be applicable to all cargo globally except for export shipments from China. The surcharge will be effective 1st June 2018 for non-FMC corridors and from 1st July 2018 for FMC corridors.
The surcharge tariff is as follows:
Equipment Type * | 20’ DRY | 40’ DRY/HQ/NOR | 20’RF | 40’RF |
In USD per unit | USD 60 | USD 120 | USD 90 | USD 180 |
For your reference and in compliance with EU regulations we have included below the rates including the EFAF on a sample corridor ex Asia to Europe valid from 1st JUN 2018 until further notice:
Asia to North Europe trade: from Tanjung Pelepas to North Europe base ports as follows:
The above amounts refer to the base rates, are including BAF and EFAF and are subject to:
For all rate related information please visit the Hamburg Süd Line website under the following link: https://ecom.hamburgsud.com/ecom/en/ecommerce_portal/tariffs_and_surcharges/gri_announcement/griannouncement.xhtml?lang=EN
Thank you for your understanding in this challenging situation and your continuous support of our services.
If you have any questions, please feel free to reach out to your local sales or customer service representative. You will find contact details of our local offices on www.hamburgsud-line.com .
* 20’ and 40’ FR and OT containers are subject to the same levels as DRY containers
** Felixstowe, Southampton, Hamburg, Bremerhaven, Wilhelmshaven, Rotterdam, Antwerp, Le Havre