EU Commissioner for Competition Margrethe Vestager has now received a formal complaint from the European Shippers' Council about the liner companies' new emergency bunker surcharge.
Starting June 1, most of the major liner shipping companies have increased their freight rates with the new BAF. According to companies such as CMA CGM, Maersk Line, MSC, Cosco and several others, the new emergency surcharge is necessary due to the rising oil price.
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