Bunker surcharge generates major earnings for container carriers amidst record year

Container carriers are raking in major earnings from their bunker surcharge, even though more and more vessels are equipped with scrubbers and can sail on cheap heavy fuel, writes Sea-Intelligence. Earnings from the bunker surcharge will reach close to USD 1.2 in the next 12 months.

Photo: Lucy Nicholson/Reuters/Ritzau Scanpix

Towering demand and sky-high freight rates are generating record earnings for global container carriers, and to top it all off, the companies are also reaping the benefits of another billion-dollar revenue source.

The bunker surcharge adds up to another USD 1.2 billion in annual revenue for container carriers, even as they are seeing the most profitable year yet.

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