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Home News Maersk says customers to pay for $2 Billion-a-Year Fuel Hike (Bloomberg)

Maersk says customers to pay for $2 Billion-a-Year Fuel Hike (Bloomberg)

The cost of delivering world trade is about to go up. 

A.P. Moller-Maersk A/S, the world’s largest container shipping line, said Monday that customers using its giant box ships will have to pay separately for fuel from 2020, when prices are expected to surge because of tougher environmental standards. The regulations are designed to cut down emissions of sulfur, a pollutant blamed for human health conditions such as asthma.

To get customers ready for the fuel upgrade, the Copenhagen-based company will from next year start to break out the fuel cost when charging its customers for delivering goods in steel containers across thousands of miles of ocean. From 2020, customers will then be expected to cover that bill.

Read more on Bloomberg.

 





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