Rate announcements

Low Sulphur Surcharge (LSS)

1 December 2023
Asia Pacific Europe Latin America North America India Middle East and Africa

Maersk has reviewed its Low Sulphur Surcharge (LSS) and the new tariffs will be effective 01 January 2024.

The LSS tariffs have been calculated using the price difference between 0,5% Sulphur fuel oil (VLSFO) and 0,1% Sulphur fuel oil (LSMGO). The difference calculated is 278,58 USD/TON. The details on the period used for the calculation can be found in the table below:

LSS Review Period
From 		Review Period
To 		Effective Date Fuel Type Average (In USD per ton)
LSS
Latest Rate Average
Review Period
From
26 Aug
Review Period
To
25 Nov
Effective Date
01-Jan-24
Fuel Type
VLSFO (0,5%S)
Average (In USD per ton)
634,58
LSS
Latest Rate Average
Review Period
From
26 Aug
Review Period
To
25 Nov
Effective Date
01-Jan-24
Fuel Type
LSMGO (0,1%S)
Average (In USD per ton)
913,16

Please note that cargo with origin, destination or transhipment in the Baltic zone (defined as Finland, Russia, Estonia, Latvia, Lithuania and East Coast of Sweden) will be charged with an additional add-on (final tariffs are reflected in tables which read – Baltic)

The LSS will be applicable to all Maersk contracts, independent of the validity, and the tariff values can be found in the tables on the following pages.

Feel free to reach out to your sales representative if you have any questions.

LSS tariff values applicable from 01 January 2024 will be as follows:

Rate of exchange used to retrieve LSS in different currencies is:
1 USD = 0.9365EUR // 1 USD = 0.81127GBP // 1 USD =1.55890AUD // 1 USD = 1.68664NZD

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