Tue 2 Jan 2018, 14:41 GMT

Bermuda Container Line to raise bunker surcharge


New fees are to be implemented towards the end of January.



Ocean freight service provider Bermuda Container Line has confirmed that it will be implementing a fuel surcharge increase at the end of January.

Commencing on January 29, and effective with voyage 1946 - which is scheduled to depart from the United States on February 2, reach Bermuda on February 5, and then arrive back in the United States on February 8 - the company says its new bunker fees will be as follows:

Containers - $70 per twenty-foot equivalent unit (TEU)

Ro-ro/Breakbulk cargo - 3.75% of freight charge

Bermuda Container Line (BCL) operates a weekly service between Port Elizabeth in New Jersey, and Hamilton, Bermuda, with the vessel MV Oleander.

Through an associated company, Somers Isles Shipping Ltd, BCL also operates a three-time-per-month service between Fernandina Beach in Florida, and Hamilton.

BCL is managed by Neptune Group Management Ltd, which is also the Bermudian agent for the line.

Last year, BCL ordered a new vessel to replace the Oleander, which is to be retired next year after shipping goods to Bermuda for more than a quarter of a century.

The new bunker-saving, 120-metre, 6,500-deadweight-tonne (dwt) ship is being constructed in Yangzijiang shipyard, China, and is due to enter into service in early 2019.

The vessel is to be equipped with fuel-efficient main and auxiliary engines, as well as incorporating the capability to convert to LNG operation.


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