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MSC updates emergency fuel surcharge for Red Sea and East Africa trades
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MSC updates emergency fuel surcharge for Red Sea and East Africa trades
MSC Mediterranean Shipping Company has announced updated Emergency Fuel Surcharges (EFS) for cargo moving from Northern Europe, including the UK and Scanbaltic region, to the Red Sea and East Africa. The company said recent developments in the Middle East have caused major disruption in global fuel markets, resulting in higher marine fuel prices and reduced bunker fuel availability at traditional sourcing hubs. According to MSC, the situation ha…
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