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Maersk Line, which ferries the largest proportion of the country's container traffic, today said it will be levying a surcharge of around USD 60 per standard 20-foot container to cover for rising fuel costs.
"We have introduced an emergency fuel surcharge. For any shipping line, fuel is one of the key components of variable costs. We have seen an increase in bunker price of around 20 per cent since the beginning of the year," the company's managing director for India, Sri Lanka and Bang ..