Tuesday, June 24, 2025
Home Rates & Surcharges Yang Ming, Low Sulphur Surcharge

Yang Ming, Low Sulphur Surcharge

As you may know, in order to have a very positive impact on the environment, the International Maritime Organization (IMO) will enforce a new 0.5% global sulphur cap on fuel content from 1 January 2020, lowering from the present 3.5% limit.

For the environmental protection, China has announced their steps to its ECA (Emission Control Area) timeline on 01 October 2018 for shipment exporting from/imported to Shanghai, Ningbo and Yangtze River, China.

Yang Ming fully supports the regulations.

Due to the compliance in new regulation, it’s expected the fuel cost will increase tremendously, the low sulphur surcharge shall be certainly introduced for the additional cost recovery.

Find YM’s Low Sulphur Surcharge details as following :

– Charge name: Low Sulphur Surcharge

– Charge code: LR

– Effective date: 12 November, 2018 (on board date)

– Applicable coverage: shipments exported from/ imported to Shanghai, Ningbo and Yangtze River, China

– Applicable trade: Asia, Australia, South/ Central America (except Taiwan- China cross-strait)

– Pay term: collect at China

– Rate: USD16/teu

 





Latest Posts

Maritime Geopolitics is now the market

In the once-quiet engine room of globalization maritime logistics a silent revolution is underway. According to maritime strategist Punit Oza, advances in port productivity have...

Cavotec unveils flexible shore power solution

Cavotec has launched PowerAlign, a new modular and mobile shore power solution purpose-built for container terminals. The unveiling took place at TOC Europe 2025 in...

Latvia and Germany strengthen maritime innovation ties

Public and private sector partners from Latvia and Germany have signed a Memorandum of Understandin in Hamburg this week to boost cooperation in digital...

Kota Oasis makes inaugural call at Lomé

PIL has announced that its latest “O”-Class vessel, Kota Oasis, made its inaugural call at the Port of Lomé, Togo. Following a successful first stop...

MSC reaches capacity milestone further cementing its position

MSC has crossed a significant milestone, with its total container fleet capacity exceeding 6.6 million TEUs, securing a commanding 20.5% share of the global...
error: Content is protected !!