EU Emissions Trading System (ETS) Introduced from January 1st, 2024
Stockwell International would like clients to be aware of the introduction of a new surcharge coming in from Europe in the new year – Emissions Trading System surcharge.
What is the EU ETS?
The EU ETS, or Emissions Trading System, sets a “cap” on the emissions that companies in certain industries produce and requires them to obtain allowances that equal their emissions above the cap at the end of each year. As other industries under the EU ETS do today, Shipping lines will now need to purchase and surrender ETS emission allowances, or EU Allowances (EUAs), for each ton of CO2 emissions reported under the scope of the system.
Where does EU ETS apply to shipping emissions?
All emissions from ships calling at an EU port for voyages within the EU (intra-EU) as well as 50% of the emissions from voyages starting or ending outside of the EU (extra-EU voyages), and all emissions that occur when ships are at berth in EU ports will come under the remit of the EU ETS. A phased-in approach of EU ETS will be implemented for our industry over the next three years that will see 40% of total verified emissions calculated from 2024, 70% in 2025, and 100% in 2026.
It will be charged at EUR 48/teu (please note this cannot be included in freight, and it will be charged as a subject-to-charge)
For any further information, please contact [email protected].
DP World Industrial Action Update
Stockwell International would like to provide further updates on the impending Industrial Action across the DP World Terminals.
The CFMMEU has given notice to DP World of further Protected Industrial Action through to the 18th December 2023.
Please note any delays or congestion that result in additional charges will not be the responsibility of Stockwell International.
Chinese New Year 2024 – Space Becoming Limited
Chinese New Year is fast approaching and Stockwell International would like clients to be aware of the notification we are receiving regarding limited space available in the lead up to the CNY holiday period.
If you are needing to book space on a vessel to arrive before or during the CNY period, please contact your Key Account Manager or Customer Service Representative.
For further information, contact [email protected].
NEWS: Shipping companies offering millions to jump long lines for drought-stricken Panama Canal
Fox Weather | Chris Oberholtz
Shipping companies are opening up their pocketbooks in desperate attempts to get their cargo through the Panama Canal in a timely manner, as the canal faces an unprecedented drought, causing its lowest water levels since the mid-1900s.
The result has been a severe reduction in the canal’s transit capacity and a line that’s now dozens of ships long waiting to get through.
Nearly 80 ships aiming to pass through the canal connecting the Pacific and Atlantic oceans are instead dealing with significant delays and losses for businesses, affecting the trade of energy, consumer goods and food.
It takes about 8 to 10 hours to transit the 50-mile-long canal, compared to several weeks to travel around South America’s Cape Horn. But now ships are waiting about 1-2 weeks in line, depending on which way they’re headed.
Some companies have decided they can’t afford the wait, and will now pay exorbitant amounts to bypass the queue, creating competition among vessels.
“Many of them have been LNG shipments (liquefied natural gas) going to Asia as we heard toward the heart of winter,” Everstream Analytics chief meteorologist Jon Davis told FOX Weather.
According to Davis, numerous reports have been of firms paying as much as $4 million to move to the front of the line, thus bypassing the wait times.
“Everyone in the market is very aware of this, and other vessels that have also jumped the line,” he adds.Read More | Shipping companies bid millions to jump lines for drought-stricken Panama Canal (foxweather.com)
Please Note: Due to the unprecedented drought in the Panama Canal, shipping lines have put in place a new Panama Canal Low Water Surcharge (PLW) that will come into effect January 1, 2023.
USD 255.00/20′ container
USD 300.00/40′ container
Any further questions please contact [email protected].
NEWS: Tropical Cyclone Jaspar prompts Queensland weather warnings for wild winds, heavy rain, possible flooding
ABC | AAP
Residents of far north Queensland are bracing for wild weather, possible power outages, and internet and water supply disruptions with the arrival of Tropical Cyclone Jasper.
As of 4.30am on Monday, Jasper had weakened again to a category 1 system and was about 600km east of Cairns and 530km northeast of Townsville.
“Jasper is forecast to re-intensify during Tuesday as it approaches the coast,” the Bureau of Meteorology said.
The bureau currently predicts Jasper will make landfall between Cape Flattery and Cardwell, which are north and south of Cairns, respectively, potentially as a category 2 system. The forecast tracker map suggests it might hit Port Douglas, with people living between Cooktown and Ingham are being warned to expect damaging 90km/h winds to develop from Tuesday.
The winds could extend as far north as Cape Melville, on the eastern coast of Cape York Peninsula, and as far south as Townsville, the Bureau of Meteorology warned.
Heavy rainfall is also expected to develop along the coast from late Tuesday.
Flooding is possible for the north tropical coast, parts of the Cape York peninsula and Gulf Country from Wednesday, the bureau warned.
A severe weather warning for damaging winds was also in place for Monday in parts of the Herbert, lower Burdekin, central coast and Whitsundays districts, with the bureau predicting gusts of up to 90km/h in some areas.
Queensland Fire and Emergency Services on Sunday warned residents between Cape Melville and Townsville strong winds could fell trees and powerlines, lift roofs off houses and blow away anything not tied down.
Jasper could also cause phone and internet outages, along with water supplies, the services warned.Read More | Tropical Cyclone Jasper prompts Queensland weather warnings for wild winds, heavy rain, possible flooding | Queensland | The Guardian
NEWS: Heavy snow and wind causes chaos across Europe and US, shutting down flights and rail
By ABC
Snowstorms and heavy winds have caused chaos across parts of Europe and the US, grounding flights at Munich’s airport and knocking out power across the US’s Pacific Northwest.
Here’s a look at how cities and nations have been affected so far.
Germany
Munich’s airport cancelled all flights until 6am Sunday local time.
Trains to and from Munich’s central station were halted, Germany’s national railway said, advising passengers to delay or reroute their journeys.
The news agency DPA reported some passengers in Munich and the nearby city of Ulm spent Friday night on trains due to the halt.
In the Bavarian capital, no buses or trams were operating as of Saturday afternoon, the local transit authority said.
Downed trees also left “many thousands” of people without power across the state of Bavaria, the utility company Bayernwerk told DPA.
Officials for Germany’s Bundesliga also announced a soccer match between Bayern Munich and Union Berlin, originally scheduled for Saturday afternoon in Munich, was cancelled.
US
Thousands of households were without power on Saturday morning in thegreater Seattle area after a night of rain and wind, the Seattle Times reported.
Seattle City Light reported 17 outages affecting more than 1,700 customers, roughly two-thirds of them in South Seattle, according to the utility’s outage map.
In Oregon, more than 2,000 customers in the Portland area also lost power, outage maps from Portland General Electric and Pacific Power showed.
The power cuts came as high winds swept across the region, reaching 84 kilometres per hour at Seattle-Tacoma International Airport, according to the National Weather Service’s Seattle office.
The storms also brought snow to the Cascades.
As of Friday afternoon, Paradise in Mount Rainier National Park had received 14 inches (35.5 centimetres) of snow over 24 hours, according to preliminary reports from the National Weather Service.
Snowfall and heavy wind too caused the cancellation of a men’s World Cup downhill skiing race on Saturday in Colorado.
The cancellation made it the fourth downhill that has been scrapped because of the weather early in the World Cup season, following two in Switzerland in early November and one early in Colorado.
Switzerland & Austria
The Zurich airport reported weather-related delays, as new snowfall led officials to raise the alarm about the danger of avalanches.
The provinces of Tyrol and Vorarlberg in western Austria raised their avalanche warnings to the second-highest level after the region received up to 50 centimetres of snow on Saturday night.
The Austrian railway company OeBB said Saturday afternoon various stretches of its routes across the country were closed due to the storm.
Czech Republic
In the Czech Republic, the major highway and some other roads were blocked for hours and more than 15,000 households were without power.
The key D1 highway that links the capital Prague with the second largest city ofBrno was in a standstill for hours after an accident that caused a 20-kilometre long line of trucks.
A number of high-speed and regional trains had to stop in the southern part of the country as cross-border trains from neighbouring Austria and Germany did not operate.
Read | Heavy snow and wind causes chaos across Europe and US, shutting down flights and rail – ABC News
EDI Fee Increase, Industrial Action Surcharge (Cost Recovery), Ocean Rates, Southbound Rate Restoration, Transport Wharf Charges, Fuel Levy, Empty Container De-Hire Timeframes
EDI FEE INCREASE
Effective 1st November
FCL | $24.00
LCL/Air | $13
Industrial Action Surcharge (Cost Recovery)
Effective 22nd November 2023
20ft Containers in and out of DP World – $50.00 per container
40ft Containers in and out of DP World – $100.00 per container
The fee calculated above is a recovery of actual costs only and will be reviewed in January 24 when the congestion is meant to have cleared out if Industrial action is finalised.
LCL Booking Fee
Effective 1st January
LCL: $45
GRI
Effective January 1st 2024
North East Asia to Australia
Per TEU | $300
Southbound Rate Restoration
BAF Charges
Low Sulphur Adjustment (LSA) – Effective January 1st, 2024
Asia to Australia
Southbound – USD
20’GP – 202
40’GP/HQ – 404
20’RF – 303
40’RQ – 606
Northbound- USD
20’GP – 95
40’GP/HQ – 190
20’RF – 143
40’RQ – 285
Asia to New Zealand
Southbound – USD
20’GP – 210
40’GP/HQ – 420
20’RF – 315
40’RQ – 630
Northbound- USD
20’GP – 156
40’GP/HQ – 312
20’RF – 234
40’RQ – 468
Australia to New Zealand
Southbound – USD
20’GP – 77
40’GP/HQ – 154
20’RF – 116
40’RQ – 231
Northbound- USD
20’GP – 164
40’GP/HQ – 328
20’RF – 246
40’RQ – 492
Panama Canal Low Water Surcharge (PLW)
Effective January 1, 2023
USD 255.00/20′ container
USD 300.00/40′ container
Transport Wharf Charges
Effective January 1st, 2023
Sydney
Wharf Booking Fee $90.00
Infrastructure Fee $235.00
Empty Container Park Fee $160.00
(Was previously known as Empty Booking Fee)
Weighbridge Fee $20.00
Sideloader Levy $110.00
Terminal Energy Surcharge $7.50
Melbourne
Wharf Booking Fee $90.00
Infrastructure Fee $235.00
Empty Container Park Fee $125.00
(Was previously known as Empty Booking Fee)
Weighbridge Fee $20.00
Sideloader Levy $110.00
Terminal Energy Surcharge $7.50
Brisbane
Wharf Booking Fee $75.00
Infrastructure Fee $210.00
Empty Container Park Fee $130.00
(Was previously known as Empty Booking Fee)
Weighbridge Fee $20.00
Sideloader Levy $110.00
Terminal Energy Surcharge $7.50
Adelaide
Wharf Booking Fee $85.00
Infrastructure Fee $195.00
Empty Container Park Fee $110.00
(Was previously known as Empty Booking Fee)
Weighbridge Fee $50.00
Sideloader Levy $110.00
Terminal Energy Surcharge $7.50
Fremantle
Wharf Booking Fee $110.00
Infrastructure Fee $95.00
Empty Container Park Fee $125
(Was previously known as Empty Booking Fee)
Weighbridge Fee $20.00
Sideloader Levy $110.00
Booking Admin Fee $30.00
Terminal Interface Fee $75.00
Terminal Energy Surcharge $7.50
Fuel Levy
Effective 1st November 2023
NSW/QLD/VIC – 26%
WA – 30%
SA – 32%
Empty Container De-Hire Timeframes
Please note: Empty container de-hire timeframes differ in each state.
NSW/QLD/WA || Require 72 hours notice to arrange pick-up of empty containers
VIC/SA || Require 48 hours notice to arrange pick-up of empty containers.
These timeframes do not include weekends or public holidays. Please note that notifications made after Midday are not considered ‘Same Day’. The following business day will be considered as day 1
