Regulations Governing the Use of Low Sulphur Fuels – ECA Surcharge

Regulations Governing the Use of Low Sulphur Fuels – ECA Surcharge

Commencing January 1st 2015, all ships and ocean carriers operating within Emission Control Areas (ECA) in the Baltic Sea, North Sea, English Channel, and the Coasts of Canada and USA, will be required to utilize fuel with significantly lower sulphur content. This binding requirement is set out by International Maritime Organization (IMO) and regulated by MARPOL under annex VI.

In order to offset the additional costs in meeting these targets, carriers will implement a separate ECA surcharge effective 1st January, 2015, on all cargo moving to / from an ECA area. The new surcharge is applicable both on the head haul and/or back haul in the same amount. The charge will cover only the additional cost of using lower Sulphur content fuel when our vessels are in these emission areas.

The following list provides a summary of charges applicable on all cargo effective 1st January, 2015, based on current bunker price:

USD3.00/per cbm for LCL

ECA SURCHARGE SCOPE USD/TEU EUR/TEU GBP/TEU
Oceania, Latin America, India Sub-Continent, Middle East & Mediterranean  $    40.00  €     31.00  £    25.00
to/from North Europe, UK, excl Baltic,Ireland,Northern UK & Scandinavia
Oceania, Latin America, India Sub-Continent, Middle East & Mediterranean  $ 105.00  €     83.00  £    65.00
to/from Baltic,Ireland,Northern UK & Scandinavia
North America to/from Mediterranean  $    40.00  €     31.00
Oceania to North America  $    40.00
North America to Oceania *  *  *
North America to/from North Europe, UK excl Baltic, Ireland, Northern UK & Scandinavia  $    80.00  €     63.00  £    50.00
North America to/from Latin America  $    40.00
North America to/from Baltic, Ireland, Northern UK & Scandinavia  $ 145.00  €  114.00  £    90.00
Asia to/from North Europe, UK excl Baltic, Ireland, Northern UK & Scandinavia  $    15.00  €     12.00  £      9.00
Asia to/from Baltic, Ireland, Northern UK & Scandinavia  $    80.00  €     63.00  £    50.00
Asia to/from North America  $    30.00
* Level will be developed by the United States Australasia Discussion Agreement USADA