30 Mar Emergency Fuel Surcharge (EFS) To Take Effect
The ongoing closure of the Strait of Hormuz amidst geopolitical developments has resulted in significant disruptions across global shipping.
In response to the ongoing volatile situation in the Middle East and its impact on fuel supply and costs, shipping organisations have announced the implementation of an Emergency Fuel Surcharge (EFS) / Emergency Bunker Surcharge (EBS).
With several implementation dates already underway, as well as more on the precipice of commencing, it is essential to know how these will impact you.
Please click here to download an Emergency Fuel Surcharge spreadsheet which includes all the pertinent information you need to know such as:
- The shipping organisations
- Announcement and effective dates
- Trade routes affected
- Container types and sizes
- Surcharge amount and currency
However, it is essential to take into consideration that whilst these companies are working hard to manage this ever-evolving situation, disruptions and constraints are anticipated to continue for a yet to be determined period of time.
We will keep you up to date of any further developments. If you have any queries or would like some support, please reach out to the Transolve team, we are here to help
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