CNC ANNOUNCES EMERGENCY FUEL SURCHARGE (EFS) FOR INTRA-ASIA ROUTES
Amid the sharp rise in global fuel prices since early March 2026, driven by ongoing geopolitical tensions in the Near and Middle East, bunker costs across the ocean shipping industry have increased significantly on most trade lanes.
In response to this situation, CNC has announced the implementation of an Emergency Fuel Surcharge (EFS) for Intra-Asia routes.
According to CNC’s announcement, the EFS will range approximately from USD 75 – 90 per TEU, depending on container type and transportation conditions.
Implementation details:
• Effective date: From 16 March 2026 (based on loading date)
• Scope: Intra-Asia shipping routes
• Applicable POL/POD: China, Hong Kong, Taiwan, Indonesia, Singapore, Malaysia, Thailand, Vietnam, Cambodia, Myanmar, Philippines, Japan, Korea, and Bangladesh.
The surcharge will be applied in accordance with relevant regulatory requirements and will remain in effect until further notice from the carrier. As fuel costs continue to fluctuate, shipping lines are increasingly adjusting surcharges to ensure operational stability and maintain the reliability of regional supply chains.
Related News
25/03
2026
The global aviation industry is facing a new wave of disruption as ongoing tensions in the Middle East continue to put pressure on jet fuel costs, flight operations, and the overall stability of international air networks. The impact is no longer limited to routes passing directly through conflict-affected areas. Instead, it is now spreading across multiple markets, driving higher airfares while also increasing the risk of flight delays and cancellations on a broader scale.
02/03
2026
Tensions at the Hormuz have moved beyond geopolitical risk and are now directly impacting international maritime operations. As one of the world’s most critical shipping chokepoints—handling nearly 20% of global oil flows and a significant share of container traffic to and from the Middle East—any disruption in this area can quickly trigger ripple effects across global supply chains.
02/03
2026
Escalating military tensions between Iran and Israel are causing severe disruptions to aviation operations across the Middle East. Several countries have been forced to close or restrict their airspace for security reasons, prompting airlines to suspend services, reroute flights, and cancel large numbers of departures.