EBS - Emergency Bunker Surcharge

2022-03-09

SUN Line & TST Thor Shipping have to introduce and emergency BAF surcharge as from 2022-03-14, due to the rapidly increase of MGO Diesel price for our fleet of vessel servicing our liner service.

SUN Line & TST Thor Shipping have to introduce and emergency BAF surcharge as from 2022-03-14,
due to the rapidly increase of MGO Diesel price for our fleet of vessel servicing our liner service.

Due to the ongoing crise in Ukraine which impact on the energy prices.

On only a few days the Brent oil price has gone from $ 80 / barrel to $ ~126 / barrel up till today.

MGO prices from $ 800 to now over $ 1300 / ton for the Marin Gasoil.

We/nobody know what will happen going forward ,we can only act on the valid facts in hand of today.
We introduce this new surcharge on top of the normal BAF ,which already in place as from 28th of February.
This situation is totally out of our control.

EMERGENCY BAF SURCHARGE ARE FROM 2022-03-14 + 10,0 % ON ALL FREIGHT/HAULGE RATES.

The surcharge is applicable for ALL customers/clients.

As info only, LNG prices have moved even further from around $ 1700 / ton up till today on $ 5500 / ton!

This surcharge is valid until further notice, as we see on the marketplace this can rapidly being increased or decreased.