2000-10-27 09:20
IRA increases EBS of $75/TEU
Arising from a recent review, the Member Lines of the Informal Rate A
greement (IRA) wish to announce that the Emergency Bunker Surcharge (E
BS) will be increased to $75 per 20 and $150 per 40 with effect from
20 November 2000. The EBS is applicable for all shipments to the Midd
le East. The increase in EBS will only cover part of the escalation in
fuel costs.
The IRA Member Lines are :
APL CO PTE LTD, COSCO CONTAINER LINES, HYUNDAI MERCHANT MARINE CO LTD
, ISLAMIC REPUBLIC OF IRAN SHIPPING LINES, MAERSK SEALAND, MITSUI OSK
LINES, NIPPON YUSEN KAISHA, ORIENT OVERSEAS CONTAINER LINE, PACIFIC IN
TERNATIONAL LINES PTE LTD, P&O NEDLLOYD LTD, SENATOR LINES, UNIGLORY M
ARINE CORPORATION, UNITED ARAB SHIPPING COMPANY, WALLENIUS WILHELMSEN,
WAN HAI LINES LTD. YANGMING MARINE TRANSPORT CORPORATION
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