Adjusted on 05-May-2025 based on April-2025 prices. Our next adjustment will be on 05-June-2025 based on May-2025 prices.
The Fuel Surcharge (fixed) is based on November 2019 price levels which were calculated on one month average USD ($) per tonne price for 0.1% MGO in November 2019 converted into Euro. The IMO Surcharge (fluctuating) is based on 50 % of the one month average USD ($) per tonne price for delivered 0.5% Sulphur Rotterdam plus 50% of the one month average USD ($) per tonne price for delivered 0.1% MGO converted into Euro. Conversion is based on Euro Exchange Rates published by the European Central Bank. Our Euro / Sterling conversion rate will be reviewed quarterly with an average Sterling exchange rate used to determine the Sterling surcharge.
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