The trans-Pacific trades will announce the low-sulfur fuel oil surcharges on shippers next month as they phase compliant vessels into their fleets in order to meet the International Maritime Organization’s LSFO requirements taking effect January 1. They intend...
Trans-Pacific Trade Contract Rates Increased by 20 per cent. Freight rates for annual ocean carrier contracts increased 20% in the trans-Pacific trade in recent negotiations conducted by the most significant US Importers. They are signing the contracts at about $2250...
