News and Media

Caribbean Bunker Fuel Surcharge

2006-05-02

Please be advised all members of the Caribbean Shippers Association will be increasing the Bunker Fuel Surcharge levels to correspond with the Western Texas Intermediate (WTI) crude oil price of $66 per barrel for fuel effective June 4, 2006.  Bunker Fuel Surcharge increases apply on open tariff and service contracts as follows:

Bunker Surcharge

Equipment Size

Current bunker pegged on WTI at $59/bbl eff 2/5/06

Calculated at $6 per TEU for each WTI $1

Increase
pegged on
WTI at $66/bbl (WTI $7 times 6)

NEW BUNKER
Represents WTI $66 eff 6/4/06

20′

$102.00

$6.00

$42.00

$144.00

40′

$188.00

$12.00

$84.00

$272.00

Over 40′

$214.00

$13.50

$95.00

$309.00

Vehicles

not over 700 cu.ft.

$49.00

$3.50

$25.00

$74.00

Vehicles

over 700 cu.ft. *

$4.37

$0.28

$1.96

$6.33

Breakbulk/NIT*

$4.37

$0.28

$1.96

$6.33

LCL – 2000 lbs. W

or 40 cu. ft.

$4.37

$0.28

$1.96

$6.33

LCL – 100 lbs. W*

$0.22

$0.01

$0.08

$0.30

LCL 1 cu.ft. M*

$0.11

$0.01

$0.04

$0.15

Barrel – each

$2.72

$0.18

$1.28

$4.00

* LCL and Break-bulk rates based on 850 cubic feet per 20′ container capacity.

If you have any questions, please contact your Sales Representative or our Customer Service Department at 1-800-276-9539.

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Thank you.