Stockwell International News Alert 9th December 2019
Stockwells has been notified that a number of shipping lines will be implementing a January GRI (General Rate Increase) of USD$300/TEU in full on top of existing market rates.
Stockwell International Urgent News Alert 2nd December 2019
With International Maritime Organization (IMO) introducing regulations to limit Sulphur content in fuel oil used by the ocean carriers from 3.5% to 0.5% (effective 1st January 2020), shipping lines have begun to implement/increase their low sulphur surcharge (LSS), which is also commonly known as IMO2020 Surcharge.
Stockwell International Urgent News Alert 24th January 2019
Please keep in mind that due to high demand and a large number of blank sailings, freight prices will remain quite high for the period during and after Chinese New Year.