Intra-Asia Market: Low Sulphur Surcharge (LSS) Update for October 2021
With reference to our previous advisory dated 30 July 2021, please be advised that the October 2021 Low Sulphur Surcharge (LSS)* for short-term contracts of validity 3 months or shorter remains unchanged and is applied on top of CNC’s ocean freight charges.
With reference to our previous advisory dated 28 May 2021, please be advised that Very Low Sulphur Fuel Oil (VLSFO) will replace the current High Sulphur Fuel Oil (HSFO) as the price reference for the quarterly Bunker Adjustment Factor (BAF) for long-term contracts of more than 3 months’ validity.
