Dear Valued Customer,
We are announcing the below IMO 2020 surcharges which will be applied to all cargo sailing February 1, 2020 and beyond.
For US cargo which is governed by the FMC regulations, we will file another regulatory place holder for cargo received after February 17 and sailing on or after March 1. The actual per cubic meter rate will be advised as the carriers make their announcements.
The surcharges are calculated as a means for us simply to recover our actual cost by calculating a weighted average of the costs imposed by the carrier on each trade lane. This IMO 2020 surcharge will be on every invoice issued by Vanguard on or after the effective dates.
- Please note that this surcharge applies to all cargo shipped to or transshipment via the specified destination ports/points.
- W/M = 1 CBM/1000 Kgs (or 1 CBM/500 Kgs for Caribbean and Central American destinations)
- The Vanguard IMO 2020 Surcharge will be published on or before the 20th of every month and effective on the 1st of the following month. For all FMC lanes, we will announce any expected increases 30 days prior to the implementation.
The matrix attached reflects our main trade lanes, but as you will see, is not inclusive of each and every port combinations. Our regional teams will circulate local announcements with niche markets included. In addition, we have developed an IMO2020 look up tool.
We thank you for your ongoing support and are here to answer any questions you may have on this topic.
Please refer to our website or reach out to your local contacts should you have any questions or require further information.
Vanguard Logistics Services