Dear Business Partners ,
 
Regarding  New Global Sulphur Cap, which was adopted by IMO – International Maritime Organisation will come into force as of 1^st of January, 2020 as we’ve already announced previously .
 
Now we are in the transition period from heavy fuel oil to VLSFO(low sulphur fuel oil) and therefore we will start using new generation low sulphur fuel oil in our vessels during December , 2019.
 
Please kindly find herebelow the revised NBS tariff for December/2019 according to the average rates of VLSFO in Istanbul as of November ;
 

Trade Lane	Updated New Bunker Surcharge (usd)
	20'	40'	40RH
Turkey to East Mediterranean	108	216	324
Turkey to Black Sea	65	130	195
East Mediterranean to Turkey	51	102	153
East Mediterranean to Black Sea	173	346	519
Black Sea to Turkey	65	130	195
Black Sea to East Mediterranean	173	346	519

 
For your easy reference  please see below the summarised table that shows the increase to be applied to the bunker rates by container type ;
 

TRADE	Increase in USD
	20'	40'	40RH
Turkey to East Mediterranean	24	48	72
Turkey to Black Sea	14	28	42
East Mediterranean to Turkey	12	24	36
East Mediterranean to Black Sea	38	76	114
Black Sea to Turkey	14	28	42
Black Sea to East Mediterranean	38	76	114