The world’s largest ocean container shipping company announced Wednesday that it will implement emergency fuel surcharges on select international trade routes beginning March 16.
Mediterranean Shipping Company (MSC) stated the additional fees will apply to shipping lanes connecting Europe with southern Africa, as well as routes between the North West Continent and the Canary Islands.
For the Europe to southern Africa shipping lane, MSC will charge an additional $60 for each twenty-foot equivalent unit (TEU) of standard containers, while refrigerated containers will incur a $90 per TEU fee.
Ships traveling the North West Continent to Canary Islands route will face surcharges of 25 euros per TEU for regular containers and 35 euros per TEU for refrigerated cargo units.
