Introduction of fuel surcharge due to hike in fuel prices

25 May 2022 / Hazira, India

Adani Ports and Logistics Hazira has advised that due to the recurrent increase in the fuel prices since beginning of this year 2022, operating costs have increased steeply. To ensure the continuity of operations at Hazira port, a Fuel Surcharge on Pilotage of USD 0.1/GT, in addition to regular pilotage charges, will be applied from 0001 hours on 1 June.

The surcharge will be reviewed on a fortnightly basis, subject to the following:

  • Escalation / de-escalation in fuel-surcharge: Any cumulative increase or decrease in bulk fuel rate less than Re 1 / litre will not have any change in the fuel surcharge, however any cumulative increase or decrease of Re 1 / Litre or more in bulk fuel rate will have an increase or decrease in the ratio of Re 1 / Litre: USD 0.003 / GT.

  • The de-escalation in “Fuel Surcharge on Pilotage” is subject to maximum of USD 0.1/GT (i.e. base tariff rate) and hence the revised fuel surcharge rate cannot be negative.

  • The base price for bulk fuel rate for this purpose is the total landed price at Hazira which is currently at Rs 115.30/Litre.

For information about operations in India, contact GAC India at [email protected]

If quoting any content from Hot Port News, please cite GAC Hot Port News as the source.

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