Members of the Canada Transpacific Stabilization Agreement, which include ocean carriers APL, COSCO Container Lines, Evergreen, Hapag-Lloyd, Hyundai Merchant Marine, “K” Line, NYK Line, OOCL, Yang Ming and Zim Integrated Shipping Services, said last week that they will raise their bunker surcharge effective Jan. 1, 2010.
For cargo moving through the Canadian West Coast ports, the group's Bunker Surcharge/Fuel Recovery Charge will increase $32 per 20-foot container to $278, $40 per 40-foot container to $348, $46 per 40-foot high-cube container to $392, and $50 per 45-foot container to $440.
Rates will also increase for East Coast traffic, with the group's Bunker Surcharge/Fuel Recovery Charge increasing $61 per 20-foot container to $551, $76 per 40-foot container to $689, $85 per 40-foot high-cube container to $775, and $96 per 45-foot container to $872.
The CTSA members said they will continue to monitor fuel prices and notify customers of any further adjustments. The group last adjusted the Bunker Surcharge/Fuel Recovery Charge in October of this year.