MSC Mediterranean Shipping Company has announced a temporary adjustment to its Emergency Fuel Surcharge (EFS) for cargo movements across the Northern Europe–Red Sea–East Africa trade corridor, effective from 1 June to 15 June 2026 (inclusive), based on bill of lading date. This measure applies to all traffic directions—northbound, southbound, and intra-regional—and reflects sustained volatility in global marine fuel markets, primarily driven by recent geopolitical developments in the Middle East.
The revision follows a sharp and sustained increase in global bunker prices, compounded by structural shifts in fuel supply geography that have constrained bunker availability at key traditional refuelling hubs. These conditions have elevated procurement complexity and operational costs across MSC’s network.
Applicable EFS rates (USD per TEU), effective 1 June 2026:
Southbound (Origin: Northern Europe / Scanbaltic → Destination: Red Sea or East Africa):
Scanbaltic → Red Sea: USD 200 (dry), USD 305 (reefer)
Scanbaltic → East Africa: USD 325 (dry), USD 485 (reefer)
Northern Europe (including UK) → Red Sea: USD 140 (dry), USD 210 (reefer)
Northern Europe (including UK) → East Africa: USD 260 (dry), USD 390 (reefer)
Northbound & Intra-Regional (Origin: Red Sea or East Africa → Destination: Northern Europe, Scanbaltic, West Mediterranean, Adriatic, or Red Sea/East Africa):
Red Sea → Northern Europe (including UK): USD 140 (dry), USD 210 (reefer)
Red Sea → Scanbaltic: USD 200 (dry), USD 305 (reefer)
Red Sea → West Mediterranean & Adriatic: USD 100 (dry), USD 145 (reefer)
Red Sea → East Africa: USD 130 (dry), USD 195 (reefer)
East Africa → Northern Europe (including UK): USD 260 (dry), USD 390 (reefer)
East Africa → Scanbaltic: USD 325 (dry), USD 485 (reefer)
East Africa → West Mediterranean & Adriatic: USD 220 (dry), USD 335 (reefer)
East Africa → Red Sea: USD 130 (dry), USD 195 (reefer)
All listed EFS charges apply uniformly to dry and refrigerated containers across all cargo types and contractual arrangements. The surcharge remains in effect until 15 June 2026, subject to extension, revision, or withdrawal at MSC’s sole discretion in response to evolving market conditions.
Resource.: https://mp.weixin.qq.com/s/_NP5dw4_A1ut9rwxQAg73w