Air Cargo Fuel Surcharge
While airlines approved by the HKSAR’s Civil Aviation Department have been charging fuel surcharge levels ranging from HK$3.70 on the shorthaul, to HK$10 for longhaul routes, exports from Europe have had to contend with levels of HK$13 or more. Frankfurt-based Lufthansa Cargo raised its fuel surcharge to EUR 1.15/kg, effective from 9 June, from EUR 1.10/kg (announced on 26 May). Cathay Pacific Airways charges GBP 0.85/kg ex-UK (Manchester and Heathrow), while British Airways has a varied average depending on weight (www.baworldcargo.com/surcharges/).

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Airlines approved by CAD

IATA financial forecast
IATA’s financial forecast released in June 2008 said the outlook for airline profitability has deteriorated substantially since the March forecast, and all due to the extreme uncertainty over the future of oil prices...

New charge at empties depots used by shipping lines

Shippers please note that the following shipping lines are NOT collecting $10 at their depots:

1. OOCL
2. MOL (Asia) Ltd
3. Hamburg Sud Hong Kong Ltd
4. Hanjin Shipping Co Ltd
5. Evergreen Marine (Hong Kong) Ltd
6. CMA CGM & ANL (HK) Shipping Agencies Ltd

The Hong Kong Container Tractor Owner Association Limited has provided the following list of the depots that are collecting/not collecting the fee on 1st April 2008:

From the Chairman
Depot Fee: An anti - competitive act
The Hong Kong Container Depot and Repair Association notified the Council on 16 Feb 2008 by letter, that its members would start collecting a Depot In/Out Management Fee of $10 per truck move starting 1 April 2008...