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LSF (Low Sulfur Fuel Surcharge) Implementation (AS OF 2019.11.16)

JY Kwon 2019-11-12 866

Dear valued Customers,


 1. We are truly grateful to all the customers of HEUNG-A SHIPPING. 
 
2. Following the execution of emission control on sulfur oxides (Sox) emission control areas of principal countries in the world, the previous fuel with low Sulphur content of 3.5% will be limited to below 0.5%. Accordingly, LSF (low sulfur oil surcharge) will be newly added and expanded in areas with service by our company. 
 
3. We would like to execute LSF for export in KOREA the following so please provide your kind understanding and cooperation. 
 
4. Furthermore, we will continuously exert efforts to provide more enhanced service. 
 
                                                               < Below >
 
(1) Date of application : November 16, 2019 (date of departure in KOREA)  (2) Enforced provision :  Low Sulfur Fuel Surcharge – LSF (3) Applied area and tariff : 
* Apply floating that considers 3 months unit of oil price
 
Thank you. 
 
HEUNG-A SHIPPING