Effective August 1, vessels with cargoes toTincan port in Lagos Tema, Lome and other ports in West Africa will be surcharged by CMA CGM following the rise in the price of marine fuel.
Marine fuel was formerly 158.66 pence per litre but it is now sold for 235 pence per litre.
The surcharge known as Bunker Recovery Adjustment Factor (BRAF) will be paid in dollars, pounds and euro currencies to the shipping line.
The shipping company explained that the new surcharge would come into effect on August 1 2022 until further notice because of the extra money spent on marine fuel.
According to the French liner, cargoes coming from North European, West Med, North Africa, Adriatic, Black Sea, Baltic & Scandinavia to West African ports would attract €198 per TEU for dry; and €238 per TEU for reefer; United Kingdom: £17 per TEU for dry, £252 per TEU for reefer, while cargoes from Turkey, Egypt, Lebanon would attract $210 per TEU for dry and $252 per TEU for reefer.
It noted: “This BRAF will be applicable on monthly basis for short-term contracts only (excluding any contract subject to quarterly floating BAF mechanism) to reflect the significant increase in the bunker rates.
“The BRAF will apply to vessels leaving all North European, West Mediterranean, East Mediterranean, North African, Adriatic, Black Sea, Baltic & Scandinavia ports to call at West African ports.
It will apply to dry, out of gauge (OOG), reefer and break bulk cargo.
