Spot rates spike as sulphur surcharges filter through
SCFI shows Asia-Europe and transpacific spot rates making a strong start to 2019, as carriers’ new pricing mechanisms ahead of the 2020 sulphur cap come into effect. Lines are looking to spread the cost of compliance across the supply chain with rates moving in tandem with fuel price fluctuations
Asia-Europe spot rates have achieved double-digit percentage gains since the turn of the year, while the transpacific market has witnessed near-similar gains, according to the SCFI
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