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PAKISTAN'S SHIPPING LINES TO RAISE BUNKER CHARGES TODAY.
KARACHI, April 1 Asia Pulse - The shipping lines calling at the Karachi and Qasim ports have increased bunker charges to US$95 per 20 feet container and US$190 per 40 feet container with effect from today.
This is a second rise in bunker charges in a short period of one month. The last hike was made on March 1, 2003, when the charges were raised to US$90 per 20 feet container and $180 per 40 feet container on all the export cargoes.
These charges have been enhanced under 'bunker adjustment factor' and intimidated to the exporters through a circular by the local agents of shipping lines.
In general, there will be an additional effect of $5 to $10 per TEU, but on taking previous rise in bunker charges a total rise during the last one ...
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