SHIPPERS are up in arms that low sulphur IMO 2020 fuel surcharges introduced by shipping lines vary so widely.
Container lines are acting with
"opacity," using "hidden formulas and no data backup" to calculate
surcharges which they are using as an "opportunity to recover from low
freight rates," according to European Shippers' Council maritime policy
manager Jordi Espin.
The surcharges have been introduced as carriers seek to recoup from
customers the estimated US$11 billion bill in higher fuel costs due next
year thanks to IMO 2020 that caps sulphur content in marine fuel to 0.5
per cent.
Mr Espin argues that the International Maritime Organisation's fuel
surcharges should trigger different, transparent charges for each
customer based on the tailor-made services each receives.
"What it is not acceptable is that, once more, customers have to adapt
to shipping lines' requirements," he told New York's FrieghtWaves.
"Customers receive a warning notice about newer and higher costs but
that doesn't explain why the same service from the same alliance
delivers different charges.
"There is no explanation why the shipping industry is behaving like this
and why this new opportunity to build trust is again lost.
"This behaviour may be legal, but it is not ethical and does not comply
with a healthy code of conduct where partners with shared objectives and
goals play on a common playing field."
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