Trans-Pacific Carriers to Raise Bunker Charges

9/15/2009 10:17:55 AM

Shipping lines that carry U.S. exports to Asia will increase their bunker fuel surcharges on Oct. 1 according to a formula the members of the Westbound Transpacific Stabilization Agreement adopted last year.   The WTSA has published voluntary guidelines calling for an increase of $132 per 40-foot container on shipments from West Coast ports and $258 per-FEU from East and Gulf Coast ports for dry cargo.   The guideline for refrigerated cargo is an increase of $186 per-FEU from the West Coast and $342 per-FEU from East and Gulf Coast ports.   WTSA is a discussion agreement of 10 carriers in the westbound Pacific trade. Its guidelines are voluntary and the WTSA has no enforcement powers.   The Journal of Commerce Online

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