Shippers rage at bunker surcharge hikes – ‘our time will return’, they vow
November 25, 2021 by Choice Aviation Services0Air Cargo
Following huge hikes in FAK rates over the past 18 months, as oil prices surge, shippers now face significant increases in bunker surcharges .
The price of Rotterdam-sourced low-sulphur fuel oil (LSFO) jumped yesterday by $14.50 per tonne, to $573.50, with the cost of heavy fuel oil (HFO) increasing by $13, to $440.50 per tonne.
Since August, the price of HFO has shot up by 16%, while LSFO has spiked by 21%, …
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