With below compilation, we wish to inform you about the latest update on our Marine Fuel Recovery (MFR) table as global coverage which will substitute former regional advisories with just one frequent document to also assist your better ease of use.
With the implementation of our new MFR mechanism we also started a monthly review period in order to adjust the MFR outside the regular quarterly updates, in case fuel price fluctuations exceed USD 45,- per ton.
Due to the recent strong price fluctuations experienced, we now adjust our MFR values downwards.
Please note the worldwide MFR charges will be adjusted from the current to following revised levels, effective for sailings as of March 1, 2019 and valid until further notice: