CMA CGM has introduced a Low Sulphur Surcharge (LSS20) effective December 1st, 2019 to cover the increase in fuel-related costs associated with the implementation of the IMO 2020 regulation.
As from July 1st, 2020, taking into consideration the current price of VLSFO, CMA CGM informs its customers that this Low Sulphur Surcharge is not applicable and may come back later as per our formula.
Today the Maritime Administration (MARAD) awarded nearly $580 million to 31 recipient ports in 15 states and territories. These grants are from the agency's Port Infrastructure Development Program (PIDP). Five…
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