TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

FUEL OIL SURCHARGE [1 record]

Record 1 2003-04-11

English

Subject field(s)
  • Pricing (Water Transport)
  • Crude Oil and Petroleum Products
DEF

A technique whereby a surcharge is raised by the shipowner on the basic freight rate to reflect increased fuel cost incurred due to the upward price of fuel oil which may be attributable to currency variations or simply an increase in the basic bunker rate.

OBS

The surcharge may be later consolidated with the basic rate, etc. It is expressed either as an amount per freight ton or as a percentage of the freight.

French

Domaine(s)
  • Tarification (Transport par eau)
  • Pétroles bruts et dérivés

Spanish

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