Tag: fuel prices

Concerns over temporary worldwide bunker surcharge

EUF’s commercial director Mel Pipe, has been closely following the news that shipping giant Mediterranean Shipping Company (MSC) have imposed a temporary bunker surcharge with immediate effect. The container shipping line is introducing the worldwide surcharge on all ocean and land-based cargo carriage immediately, as it battles a sharp jump in fuel prices. Mel commented “The problem is crude oil is hovering around $80 a barrel, which is up almost 70% since last June, and obviously this situation isn’t sustainable without…

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