MSC Implements Emergency Fuel Surcharge
MSC, the world's largest ocean container carrier, announced an emergency fuel surcharge. The surcharge starts March 16 on select trade routes.
Nadia Okonkwo
Tech & Business Reporter
Introduction to the Surcharge
MSC, the world's largest ocean container carrier, announced an emergency fuel surcharge starting March 16 on trade routes between Europe and southern Africa, and on the North West Continent/Canary Islands route. The surcharge amounts to $60-$90 per TEU for specific containers.
Impact of the Surcharge
The surcharge will specifically impact routes connecting Europe and southern Africa, as well as the North West Continent/Canary Islands route, with a start date set for March 16.
SOURCES & REFERENCES
This article was researched and compiled by the PulseAfrica editorial team using information from international news sources including Reuters, BBC Africa, Al Jazeera, AFP, and local African media outlets. PulseAfrica is committed to accurate, balanced and independent journalism covering all 54 African nations in three languages.