Tropical Shipping raises bunker, security surcharges

Tropical Shipping raises bunker, security surcharges

Tropical Shipping International Ltd. said it will implement a bunker surcharge increase on less-than-containerload shipments, effective Feb. 22. In addition, Tropical will increase its security surcharge as of March 7.

The carrier said the steady rise in bunker fuel prices over the last several weeks was responsible for the higher fuel surcharge. It attributed the increase in the security fee to the International Ship and Port Facility Security code set forth by the International Maritime Organization and other federally mandated actions. The new bunker surcharge will be 28 cents per cubic foot or 58 cents per hundred pounds. The rate for breakbulk cargo or rolling stock will be $11 per weight or measurement ton.

The new security surcharge will be 10 cents per cubic foot or 20 cents per hundred pounds. For breakbulk or rolling stock, it will be $4 per weight or measurement ton.

The increases apply to shipments to and from the U.S., including Puerto Rico and the U.S. Virgin Islands, and Anguilla, Antigua, Barbados, Dominica, French Guiana, Grenada, Guadeloupe, Guyana, Montserrat, Martinique, Nevis, Saba, St. Barths, St. Eustatius, St. Kitts, St. Lucia, St. Maarten, St. Vincent, Suriname and Trinidad.

Tropical, based in Palm Beach, Fla., serves 32 ports throughout the Bahamas, Caribbean and South America.