The Westbound Transpacific Stabilization Agreement announced that container-shipping lines moving cargo from the U.S. to Asia are hiking fuel surcharge adjustments, to take effect July 1.
Members of the trade agreement point out that over the past quarter marine fuel prices rose, on average, from $138 per ton to more than $151 per ton. The current level also is close to twice the $80 per ton lines were paying during the third quarter last year.
Starting July 1, the shipping lines will raise fuel charges by $40 per FEU, $32 per TEU and $2 per revenue ton.
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