Shippers complain to the EU about liner companies' emergency BAF

The European Shippers' Council has now formally submitted a letter to the EU Commissioner for Competition, Margrethe Vestager, with a complaint about the liner companies' new emergency bunker surcharge. Read the letter here.

Photo: /ritzau/AP/Virginia Mayo

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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