News

Press Release/February 2020

IMO 2020/ MARPOL/ Low Sulphur - Mar 1

We are announcing the below IMO 2020 surcharges which will be applied to all cargo sailing March 1, 2020 and beyond....

Dear Valued Customer,

We are announcing the below IMO 2020 surcharges which will be applied to all cargo sailing March 1, 2020 and beyond.     

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.    

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 continue to announce any expected increases 30 days prior to the implementation. We have filed a regulatory place holder for cargo received after March 15 and sailing on or after April 1.  The actual per cubic meter rate will be advised on March 20 or sooner.

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.

Kind regards,

Vanguard Logistics Services

IMO MATRIX

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