Maersk will review the tariff for Environmental Fuel Fee (EFF) only for North Europe and Mediterranean trades, w.e.f. 1st October 2023. Also find attached Intra Asia EFF rates for 1st Oct 2023. This would be applicable to:
- Intra Europe & Asia Spot and all contracts with validity up to one month
- All bookings (including Intra Europe & Asia Spot) with ETD effective 01 October 2023 onwards until further notice
The EFF tariffs have been reviewed using the price development of Platts fuel price index of 0,5% Sulphur fuel oil (VLSFO) and looking into the trigger communicated previously (changes of more than 50 USD/TON – up or down – compared to the last tariff adjustment).
For Intra Europe, the price difference between the two periods is 70,91 USD/TON.* The details on the period used for the calculation of the EFF levels can be found in the table below.
Intra Europe
| EFF |
Review Period From |
Review Period To |
Effective Date | Fuel Type | Average (In USD per ton) |
|---|---|---|---|---|---|
|
EFF
Latest Rate Average |
Review Period
From 26 Jul |
Review Period
To 25 Aug |
Effective
Date
01-Oct-23 |
Fuel Type
VLSFO (0,5%S) |
Average (In
USD per
ton)
602,61
|
|
EFF
Previous Rate Average |
Review Period
From 26 Nov |
Review Period
To 25 Dec |
Effective
Date
01-Feb-23 |
Fuel Type
VLSFO (0,5%S) |
Average (In
USD per
ton)
531,70
|
*Intra-Europe EFF based only on ROT index
For Intra Asia, the price difference between the two periods is 28,09 USD/TON* which is less than 50 USD/TON trigger. Hence the Jun 2023 EFF rates are applicable in Oct 2023 as well. The details on the period used for the calculation of the EFF levels can be found in the table below.
Intra Asia
| EFF |
Review Period From |
Review Period To |
Effective Date | Fuel Type | Average (In USD per ton) |
|---|---|---|---|---|---|
|
EFF
Latest Rate Average |
Review Period
From 16 Jul |
Review Period
To 15 Aug |
Effective
Date
01-Oct-23 |
Fuel Type
VLSFO (0,5%S) |
Average (In
USD per
ton)
605,90
|
|
EFF
Previous Rate Average |
Review Period
From 16 Mar |
Review Period
To 15 Apr |
Effective
Date
01-Jun-23 |
Fuel Type
VLSFO (0,5%S) |
Average (In
USD per
ton)
577,81
|
*Intra-Asia EFF based only on SIN index
We want to thank you for your business and look forward to continuously serving your transportation needs. You can always book and manage shipments 24/7 on our online portal. In case you need immediate assistance, feel free to contact your local representative.
EFF tariff values applicable from 01 October 2023
Intra Europe
| Trade |
EFF DRY+ Special Equipment + NOR 20DRY |
EFF DRY+ Special Equipment + NOR 40DRY |
EFF DRY+ Special Equipment + NOR 45HDRY |
EFF REEF 20REEF |
EFF REEF 40REEF |
|---|---|---|---|---|---|
|
Trade
Intra Trades (Intra MED, Intra EME, Intra WME) |
EFF DRY+ Special Equipment + NOR
20DRY 69 EUR |
EFF DRY+ Special Equipment + NOR
40DRY 138 EUR |
EFF DRY+ Special Equipment + NOR
45HDRY 138 EUR |
EFF REEF
20REEF 104 EUR |
EFF REEF
40REEF 207 EUR |
|
Trade
Intra Trades (Intra MED, Intra EME, Intra WME) |
EFF DRY+ Special Equipment + NOR
20DRY 59 GBP |
EFF DRY+ Special Equipment + NOR
40DRY 118 GBP |
EFF DRY+ Special Equipment + NOR
45HDRY 118 GBP |
EFF REEF
20REEF 89 GBP |
EFF REEF
40REEF 178 GBP |
|
Trade
Intra Trades (Intra MED, Intra EME, Intra WME) |
EFF DRY+ Special Equipment + NOR
20DRY 75 USD |
EFF DRY+ Special Equipment + NOR
40DRY 151 USD |
EFF DRY+ Special Equipment + NOR
45HDRY 151 USD |
EFF REEF
20REEF 113 USD |
EFF REEF
40REEF 227 USD |
|
Trade
Long Haul Trades (NEUEME and v.v. NEUSEM and v.v. NEUWME an v.v.) |
EFF DRY+ Special Equipment + NOR
20DRY 104 EUR |
EFF DRY+ Special Equipment + NOR
40DRY 207 EUR |
EFF DRY+ Special Equipment + NOR
45HDRY 207 EUR |
EFF REEF
20REEF 155 EUR |
EFF REEF
40REEF 311 EUR |
|
Trade
Long Haul Trades (NEUEME and v.v. NEUSEM and v.v. NEUWME an v.v.) |
EFF DRY+ Special Equipment + NOR
20DRY 89 GBP |
EFF DRY+ Special Equipment + NOR
40DRY 178 GBP |
EFF DRY+ Special Equipment + NOR
45HDRY 178 GBP |
EFF REEF
20REEF 134 GBP |
EFF REEF
40REEF 267 GBP |
|
Trade
Long Haul Trades (NEUEME and v.v. NEUSEM and v.v. NEUWME an v.v.) |
EFF DRY+ Special Equipment + NOR
20DRY 113 USD |
EFF DRY+ Special Equipment + NOR
40DRY 227 USD |
EFF DRY+ Special Equipment + NOR
45HDRY 227 USD |
EFF REEF
20REEF 170 USD |
EFF REEF
40REEF 340 USD |
Intra Asia
| Trade |
EFF DRY+ Special Equipment + NOR 20DRY |
EFF DRY+ Special Equipment + NOR 40DRY |
EFF DRY+ Special Equipment + NOR 45HDRY |
EFF REEF 20REEF |
EFF REEF 40REEF |
|---|---|---|---|---|---|
|
Trade
All Intra Asia Trades
|
EFF DRY+ Special Equipment + NOR
20DRY 43 USD |
EFF DRY+ Special Equipment + NOR
40DRY 86 USD |
EFF DRY+ Special Equipment + NOR
45HDRY 103 USD |
EFF REEF
20REEF 65 USD |
EFF REEF
40REEF 129 USD |
Rate of exchange used to retrieve EFF in different currencies is:
1 USD = 0.9136EUR // 1 USD = 0.78454GBP // 1 USD =1.53037AUD // 1 USD = 1.65490NZD
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