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Crowley Puerto Rico Fuel Index

Due to the volatility of fuel prices, Crowley has temporarily amended our fuel charge review process for Puerto Rico. Instead of a quarterly review of fuel prices, we will review fuel prices of LNG and MGO on a bi-weekly basis.

In our North Atlantic service, Crowley uses the average price of MGO fuel, along with an index to determine fuel charges. Based on the average MGO price of $1167 per metric ton in the last bi-weekly period (March 15-29), an adjustment to Fuel Charges between Eddystone, Penn., (Penn Terminals) and Puerto Rico will be made effective May 1, 2022.

NAL Fuel20′40′45′53′VEHNIT
Current Charges until 4/30/2022$680$755$780$840$270$755
New Charges effective 5/1/2022$725$800$825$885$288$800

In our South Atlantic service, Crowley uses the weighted average price of LNG and MGO fuel, along with an index to determine fuel charges. During the last bi-weekly period (March 15-29), the average price of LNG was $5.035 per MMBTU  and the average price of MGO was $1167 per metric ton.

Based on the combined averages of MGO and LNG prices there will be an adjustment to Fuel Charges between Jacksonville, Fla., and Puerto Rico effective May 1, 2022 as outlined below:

SAL Fuel20′40′45′53′VEHNIT
Current Charges until 4/30/2022$493$569$593$653$196$569
New Charges effective 5/1/2022$543$619$643$703$216$619

For general questions, please contact your sales representative or the Customer Care Department at 1-800-CROWLEY. (1-800-276-9539)