What is the LSS value?

Low Sulfur Surcharge (LSS) means low sulfur fuel surcharge. by the International Maritime Organization The International Maritime Organization (IMO) announced measures to reduce the mandatory use of all ships on fuels that emit no more than 0.5% sulfur gas. from the original set level of 3.5% to preserve the environment This comes into effect on 1 Jan 2020 as per the International Maritime Organization (IMO) Low Sulfur Regulation 2020. As a result, the shipping line announced a low sulfur surcharge (LSS) in addition to the freight (freight) and bunker surcharges previously charged. Including setting different collection rates as well It depends on the calculation formula that each shipping line defines. which is not a central standard.

By using different names for each ship line for fee name For example, Zim Line is the New Bunker Factor (NBF), Hapaq-Lloyd is Marine Fuel Rocovery (MFR), ONE is ONE Bunker Surcharge (OBS), and Wan Hai. Use the name Wan Hai Bunker Surcharge (WBS), etc. Which, if compared in 4 main routes, namely Asia, the European Union, the Middle East and the United States For 20' and 40' dry containers, bunker surcharges range from $9 to $746, while LSSs range from $15 to $382. And if it's a 20-foot and 40-foot refrigerated container, bunker surcharges range from $12 to $822, compared to LSS charges ranging from $42 to $573, which will vary according to the size of the vessel, container volume. and calculation formulas for each shipping line.

Charges are included in the normal bunker Surcharge charged. making the rate of this type of fuel being charged at a high price Compared to a separate low sulfur surcharge (LSS), which is a separate surcharge from the freight charge (freight). Compare this fee to the fred fee for each route. In 20-foot and 40-foot containers, the average LSS to Fred rate increased from 2.86% to 93.34% in Asia. In the Busan port area, the highest is 93.34% for dry containers, while for refrigerated containers, LSS is 1.34-15%. Hong Kong port max at 15%.

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