What is ECA in ocean freight?

What is ECA in ocean freight?

Emission Control Areas (ECAs), or Sulfur Emission Control Areas (SECAs), are sea areas in which stricter controls were established to minimize airborne emissions from ships as defined by Annex VI of the 1997 MARPOL Protocol.

What is an ECA charge?

Carriers charge a fee to cover the costs for this more expensive fuel type. These fees are called LSS, LSF or ECA (Emission Control Area) Surcharge. The LS surcharge is not a fixed amount; it varies by carrier and routing.

What does ECA mean in shipping terms?

Please be advised that as of 1st January, in order to meet new ECA (Emission Control Area) regulations, which require vessel sulphur emissions to be further reduced from the current 1% maximum to 0.1%, Mediterranean Shipping Company will implement a Low Sulphur Charge. The charge will take effect from the sailing date.

What is LSF in ocean freight?

LSF (Low Sulphur Surcharge): This fee offsets additional costs incurred by shipping lines for switching to cleaner fuels in Emission Control Areas (ECA). It came into law at the start of 2015.

How is low Sulphur surcharge calculated?

The LSS20 tariffs have been calculated using the price difference between high sulphur fuel and low sulphur fuel average prices of October. As per our last announcement related to calculation, the retained value is USD 200 per ton, which is multiplied by trade coefficient.

Who will pay LSS fee?

Therefore, when LSS is a surcharge collected by the shipping companies along with the freight, it falls upon the buyer to bear the cost under FOB terms.

What is low sulfur surcharge?

Low Sulphur Surcharge is a surcharge levied by the lines to cover the costs associated with using low Sulphur fuel in line with the IMO 2020 Sulphur Cap regulation. The IMO has set regulation to limit Sulphur content in oil to less than 0.5%. Currently the global limit for Sulphur content in fuel oil is 3.5%.

What is the size of the ECA area?

200-nautical miles
The range of the North American ECA was set at 200-nautical miles, equivalent to an exclusive economic zone (EEZ).

Where are the ECA areas?

ECAs are located along the coasts on a distance that can reach 200 nautic miles, or are defined on a particular geographical area. The current ECA are located in Northern Europe, along with the American coasts (including American Islands and Territories), and in the estuaries of the great Chinese rivers.

Who are ECA?

ecaeurope.com. The European Club Association (ECA) is a body representing the interests of professional association football clubs in UEFA. It is the sole such body recognised by the confederation, and has member clubs in each UEFA member association.

What is the role of ECA?

As the EU’s independent external auditor, the ECA contributes to improving EU financial management, promotes accountability and transparency, and acts as the independent guardian of the financial interests of the citizens of the Union.

What is ECA (emission control area)?

The current ECA (Emission Control Area) is not actually a surcharge, but rather an area in which carriers currently have to use fuel with a sulphur content in the range stated. Having said that, if you do see an ECA as a listed charge on your invoice it is basically an LSS fee.

What is ECA by Dekko?

ECA by Dekko embraces the challenge of moving power solutions forward. To be more intuitive, more imaginative, and, more smile-worthy. It’s not easy, but when you pay attention to trends, harness the best of technology, and listen to your customers, new ideas just take flight with more ease. ECA by Dekko brings a ton of energy to the room.

What is surcharge applied to the TICA fee?

Surcharge applied to refer to the TICA Fee which is applied in Costa Rica. The Tica Fee is a cost that refers to the B/L’s Customs Transmission Fee when being entered in the customs national systems.

Is there a difference between LSS and ECA?

Is there a difference between and LSS or ECA charge? The current ECA (Emission Control Area) is not actually a surcharge, but rather an area in which carriers currently have to use fuel with a sulphur content in the range stated. Having said that, if you do see an ECA as a listed charge on your invoice it is basically an LSS fee.