New Environmental Fuel Fee (EFF)
Dear customer,
Effective from 1st December 2019, Maersk will introduce a Environmental Fuel Fee (EFF) on all trades, which will apply to all spot business and contracts with validity up to 3 months.
The EFF tariff will be trade-specific and reflect the fuel-related cost increases that result from compliance to the IMO 2020 regulation (calculated as the price difference between high sulphur fuel and low sulphur fuel multiplied by a trade factor).
The EFF tariffs will only be reviewed in case of significant fuel price fluctuations (more than 50 USD/ton).
The EFF tariffs applicable from 1st December 2019 will be announced end-October 2019.
Please do not hesitate contacting your local Maersk representative if you have any questions on the impact on your business of the IMO 2020 regulation.