July 2020 Hillebrand Monthly Bunker Levels

Fuel pricing trends continue to be volatile as we look torwards the third quarter.  Ocean carriers have taken drastic measures in the terms of idling fleet and cancelling sailings, but their bunker formulas were set up to cope with IMO 2020 regulations, and not negative or marginal fuel cost pricing.  As such MSC, CMA-CGM, Hapag-Lloyd and others have continued to freeze their BAF formulas.

Given this environment and the fact that all carriers work off of separate fuel calculations depending on origin, destination and equipment type, Hillebrand will likewise maintain the same levels for July as follows:

US Port Region / Equipment20′ Dry40′ Dry20′ Reefer40′ Reefer
Europe to USA East Coast$170$340$255$510
Europe to USA West Coast$243$486$365$730
Asia to USA East Coast$256$512$384$768
Asia to USA West Coast$157$314$236$472
South America, South Africa to USA$193$386$290$580
Australia, New Zealand to USA$361$722$542$1,084
July 2020

US Intermodal fuel, containers handled by Hillebrand is 22%.