Emergency Bunker Surcharge
The increase in bunker price in 2018 has been significantly higher than expected and has now reached a level of 440 USD/ton in Europe, the highest since 2014.
The increase is more than 20% compared to the beginning of 2018 and this unexpected development means that it is no longer possible for carriers to recover bunker.
Due to the unsustainable nature of the situation, several carriers has decided to introduce an Emergency Bunker Surcharge (EBS) as a necessary.
In case of any questions please feel free to contact our sales team.