IMO 2020: Bunker Surcharge Notice
Dear Valued Customers,
First and foremost, HMM would like to express its highest appreciation for your unwavering support and encouragement towards HMM.
As per IMO2020 regulation, all carriers including HMM are required to use Low Sulphur under 0.5% in worldwide as of January 1st 2020. HMM needs to comply with Environmental regulations and that means an increase in costs. HMM therefore has no other choice but to implement a fully recovery with a Bunker Surcharge. We ask HMM’s valued customers to kindly ask for their fullest understanding in this need.
HMM will implement Environmental Compliance Charge (ECC) as below effective date and tariff which will apply for all contracts with the validity less than 3 months.
Effective date: 1st December, 2019 / ECC Tariff as per below:
|ASIA - USWC||USD 178/FEU||ASIA - LATAM||USD 123/TEU|
|USWC - ASIA||USD 91/FEU||LATAM - ASIA||USD 39/TEU|
|ASIA - USEC||USD 280/FEU||ASIA - OCEANIA||USD 124/TEU|
|USEC - ASIA||USD 60/FEU||OCEANIA - ASIA||USD 40/TEU|
|ASIA - ISC & ME||USD 63/TEU||ASIA - FAR EAST RUSSIA||USD 33/TEU|
|ISC & ME - ASIA||USD 33/TEU||FAR EAST RUSSIA - ASIA||USD 32/TEU|
|ASIA - EUROPE||USD 112/TEU||
WILL BE ANNOUNCED SEPARATELY
|EUROPE - ASIA||USD 35/TEU|
Remark) RF amount is DC x 1.5 (Asia-US and US-Asia trades will announce the amount separately later)