Carriers Announce Emergency Bunker Surcharges – Effective July 1, 2018

Ocean carriers worldwide have announced Emergency Bunker Surcharges (EBS), citing significant increases in bunker prices since the beginning of the year. Bunker refers to the fuel that powers the vessels and represents a significant portion of the carriers’ cost. To offset their increased bunker costs, carriers will apply the following surcharges to all cargo shipping to and from North America, effective July 1, 2018:

MIQ Logistics will continue to monitor the market to mitigate the surcharges and ensure our customers receive the most competitive rates and consistent quality service.

For further information, please contact your local MIQ Logistics representative.