Carriers do not plan on carrying any of the costs of complying with the IMO 2020 low-sulfur fuel regulations, and will levy a surcharge on spot rates and shorter contracts. Møller - Mærsk A/S is hereby enclosed. Maersk joins Hapag-Lloyd in levying low-sulfur surcharge Greg Knowler, Senior Europe Editor | Nov 01, 2019 1:37PM EDT. ANL & CMA CGM BAF Q2 2020. During the special Christmas period we would like to inform that during the 24/12 and on 31/12 we have changed business hours of our Customer Experience teams who will be available on both days, from 08:30 until 12:30, via our usual channels (phone, mail and Live Chat). In Q2 2020, A.P. Januar 2020 dürfen Schiffe nur noch Treibstoffe mit einem Schwefelgehalt von maximal 0,5 Prozent verwenden. The Interim Report for the 2 nd Quarter 2020 for A.P. Moller - Maersk is changing its full-year guidance for 2020 based on preliminary Q3 figures and the current outlook for Q4. Please … The transformation of A.P. Accordingly, Maersk will apply the additional monthly trigger defined in its BAF and EFF formulas and the new tariffs will be effective 1 March 2020. Maersk uses Bunkerworld’s fuel price index 0.5% Sulphur fuel oil (VLSFO) for the BAF and EFF calculation. During the special Christmas period we would like to inform that during the 24/12 and on 31/12 we have changed business hours of our Customer Experience teams who will be available on both days, from 09:00 until 12:00, via our usual channels. Exports out of India are up by 14% over Q3 of last year while they are 47% higher than Q2 of 2020. As it turned out, demand was down 20% in April, but by a lesser amount thereafter. We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil (VLSFO) for the BAF and EFF calculation. Der Einsatz von niedrigschwefeligem Treibstoff wird die Schlü… Unit Q3 2020 Q2 2020 Revenue USDm 82 137 Contracted days(1) # Days 351 448 Utilisation(2) Percent 48 64 Financial uptime(3) Percent 99.9 99.0 Average day rate(4) USDk/day 234 306. Moller - Maersk is an integrated transport and logistics company with multiple brands and is a global leader in container shipping and ports. (Charts: Maersk) Three months ago, Maersk predicted second-quarter demand could fall by 20-25%. ]]>. Maersk has revealed a new surcharge to be implemented in 2019 that will help in meet new standards for the 2020 sulpher cap. In recent months, we have seen VLSFO prices increase substantially and more so in recent weeks. For the 2 years of … We have used Bunkerworld’s fuel price index for 0.5% Sulphur fuel oil (VLSFO) for the BAF calculation, and the average bunker price used is 271.24 USD/TON. ; Maersk's average fleet capacity declined almost 2% YoY as it attempted to match freight supply to the plummeting global demand during the coronavirus pandemic. Moller - Maersk expects, as announced on 17 November 2020, EBITDA before restructuring and integration costs in the range of USD 8bn to USD 8.5bn from previously between USD 7.5bn to USD 8bn as announced on 13 October 2020. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. Maritime News. In order to enjoy a smooth import process we would like to provide guidelines so that you can save time and money. The period used for the calculation will be 26 DEC’19 to 25 JAN’20 and compared versus following figures: The tariff increases will be seen across all trades with an increase range between 50 to 200 USD per FFE, reflecting the increased fuel costs associated seen during recent weeks. To allow customers and Maersk to manage the volatility and cost exposure in a fair manner, the Maersk Environmental Fuel Fee (EFF) and the Quarterly Bunker Adjustment Factor (BAF) levels are subject to a monthly review and exceptional trigger if the price of compliant fuel (VLSFO - 0,5% sulphur fuel oil) moves up or down significantly during the quarter. Imports are however 28% lower than Q3 of 2019, but have recovered by more than 30% from Q2 2020,” said Maersk in the note. By using this site you agree to the use of cookies for analytics and personalized content. Demand is down this month by the mid to high single digits, reported Skou. //--> The company employs roughly 76,000 employees across operations in 130 countries. Maersk to change BAF calculation ahead of 2020 sulphur cap: New 'simple and predictive' BAF tariffs to be introduced from January 2019. The Interim Report for the 2nd Quarter 2020 for A.P. In Q2 2020, A.P. During the upcoming Christmas and New Year holiday period there will be some changes to the normal operating hours and information exchange which will affect port, depot and rail operations. In levying low-sulfur surcharge Greg Knowler, Senior Europe Editor | Nov 01, 2019 1:37PM.. So in recent months, we have seen VLSFO prices increase substantially more... All RIGHTS RESERVED < --... New year will bring some changes in the UK but by a lesser amount.! Global volumes following the COVID-19 crisis new standards for the 2 nd Quarter 2020 for A.P by end.. 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