The members of the Caribbean Shipowners Association are postponing the scheduled increase in their bunker surcharge from Sunday, May 15 to Sunday, May 29, 2011.
Carriers in the association include Bernuth, CMA CGM, Crowley, Seaboard Marine, SeaFreight Line and ZIM.
The increase of $100 per 20-foot equivalent unit will apply to all shipments Southbound and Northbound between the U.S. and Anguilla, Antigua, Dominica, Grenada, Montserrat, Saba, St. Barths, St. Eustatius, St. Kitts & Nevis, St. Lucia, St. Maarten, St. Vincent, Trinidad, Jamaica, Guyana and Suriname.
The CSA said in its announcement of the postponement that it will continue to monitor fuel cost developments and adjust bunker surcharge levels, including rolling back these announced increases if not supported by actual circumstances.
But it suggested that shippers plan business transactions on the basis of the advanced notification of increases in the bunker surcharges.
The CSA previously increased its bunker surcharge on march 27 and April 27 of this year.