WTSA raises rates to recover bunker costs

摘要

The Westbound Transpacific Stabilisation Agreement (WTSA) is upping bunker surcharges on the US-Asia trade-lane in a bid to recover rising fuel prices. In mid-March, oil rose to USD 107 per barrel. The discussion group, which consists of 10 major ocean carriers, plans to collect an additional USD300 per FEU in bunker surcharges for agricultural products, chemicals, clay, forest products, hay, scrap metal and mixed container shipments from April 1, 2008.