Emergency Bunker Surcharge (EBS)
Due to a general increase in oil bunker prices of approx. 16% during the first six months of 2018, most container shipping lines have recently enforced an EBS charge or plan to do so during the remainder of June or even during July. The quantum of EBS and geographic scope varies from carrier to carrier. However, the general range is USD50 – 60 per TEU and some Carriers are announcing a global surcharge.
For more information please don’t hesitate to contact Global Freight Solutions or your relevant carrier/agent directly.