As a reminder:
- The Low Sulphur Adjustment (LSA) surcharge is to recover the cost differential between Low Sulphur fuels and Heavy Sulphur fuels. The LSA will be binding until further notice and will be reviewed on a monthly basis.
- Fuel Cost Recovery (FCR) Surcharge is to recover the higher fuel costs, including the use of Low Sulphur fuel, in the fuel cost component (unlike the LSA which only covers the cost differential between low and high Sulphur fuels). The FCR will be binding until further notice and will be reviewed on a monthly basis.
- For LSA & FCR purpose Asia refers to: North East Asia, South East Asia, India & South Asia, and Middle East
Please check the OOCL website (link) each month to obtain all future applicable quantum reviews across our global trade lanes in respect to both LSA & FCR.
NOTE: Both OOCL Northbound and Southbound Asia Monthly FAK Tariff Rates are currently subject to LSA only and FCR does not apply. FCR will NOT apply if you have been quoted and paying an LSA quantum.
