Intra-Asia Market: IMO 2020 - Low Sulphur Surcharge (LSS) - June 2020
Dear Valued Customer,
With reference to our previous advisory dated 28 February 2020, CNC, as part of the CMA CGM Group, has introduced a Low Sulphur Surcharge (LSS) since 1 November 2019 for short-term contracts as a result of higher fuel-related costs in complying with the IMO 2020 Low Sulphur Regulation.
Taking into consideration the current price of VLSFO, please be informed that Low Sulphur Surcharge (LSS) will be USD$0 from 1 June 2020, until further notice.
Please contact your local CNC representative if you need any assistance.
We thank you for your business and continued support.