The Low Sulphur Surcharge of Taiwan with effect from 01 January, 2019

Dear Valued Customers,

As you may know, in order to reduce harmful impacts of shipping on the environment, the International Maritime Organization (IMO) will enforce a new 0.5% global sulphur cap on fuel content from 1 January 2020, lowering from the present 3.5% limit.
Due to the compliance in new regulation, it's expected the fuel cost will increase tremendously, the low sulphur surcharge shall be certainly introduced for the additional cost recovery.
Please find our Low Sulphur Surcharge details as following:

- Charge name: Low Sulphur Surcharge
- Effective date: 01 January, 2019 (on board date)
- Applicable coverage: shipments exported from/ imported to Taiwan
- Applicable trade: Asia, Australia, South/ Central America
- Pay term: collect at Taiwan
- Rate:
1. USD 18/teu (Taiwan I/B & O/B)
2. USD 36/teu (Taiwan to PRD China (T/S at HKHKG & doorterm in destination))

Thank you for your support as always.

Yang Ming Marine Transport Corp.