Hamburg Sud Raises Bunker Surcharges

8/11/2011 10:14:38 AM

Hamburg Sud will increase its bunker adjustment factor as of Oct. 1 for all cargo moving from U.S. and Canada to Europe and the Mediterranean.   The German carrier said it will raise the BAF to $392 from $346 per 20-foot container, and to $784 from $692 per 40-foot container.   Hamburg Sud will continue to monitor bunker fuel prices on a quarterly basis and adjust the BAF as necessary after appropriate notice.   The Journal of Commerce Online

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