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Maersk Introduction of Emergency Bunker Surcharge (EBS)

UPDATE: Introduction of Emergency Bunker Surcharge (EBS)
Dear customer,
  We would like to keep you updated you on the previous communication regarding the
Emergency Bunker Surcharge (EBS) with revised data.
  As mentioned, the increase in bunker price in 2018 has been significantly higher than what had been expected and has now reached a level of 440 USD/ton in Europe, the highest since 2014.The increase is more than 20% compared to the beginning of the year and this unexpected development means it is no longer possible for us to recover bunker costs through the standard bunker adjustment factors.
  Due to the nature of the situation, Maersk Line is introducing an Emergency Bunker Surcharge(EBS) as a necessary action to ensure a continued sustainable service to our customers.EBS will be applicable to all cargo on all trades – except for export shipments from China 1.
The surcharge will be effective 1 st June 2018 for non-regulated corridors and 1 st July 2018 forregulated corridors.2
The EBS surcharge tariffs are as follows:
DRY + Special Equipment  REEF
20'  40'  45'      20'  40'  45'
USD  60  120  120   90  180  180
EUR  50  100  100   75  150  150
GBP  45  90  90    65  130  130
Tariff adjustment mechanism
The EBS tariff communicated above is based on a bunker price of USD 440 (IFO380 in
Rotterdam). EBS tariff is subject to change as per below trigger events:
▪  Should the bunker price (IFO380 in Rotterdam) increase to a level of USD 530, EBS tariffs
will be multiplied by a factor of 2.0.
▪  Should the bunker price (IFO380 in Rotterdam) decrease to a level of USD 370, EBS
tariffs will be zero.