Fuel surcharge

07 Aug 2024 / Ras Al Khaimah, United Arab Emirates

The Fuel Surcharge will be reviewed on a monthly basis. The September 2024 surcharge is based on the published fuel price of the month of August 2024 (2.95 AED Per Gallon/Diesel).

With effect of 1 September 2024, until advised otherwise, the following surcharge will be invoiced for each Metric Ton / Freight Ton loaded or discharged at Ras Al Khaimah Ports:
- 0.15 AED Per Metric Ton / Freight Ton

The formula used to generate this surcharge rate calculates the average fuel purchase price per litre @ the average fuel consumed per ton loaded or discharged, against the published UAE average monthly fuel purchase price. The latter which is routinely published on or after the 28th day of each month.

The Port Management regrets having to pass on these costs and would like to thank its customers and agents for their understanding.

(For information about operations in Ras Al Khaimah, contact GAC Ras Al Khaimah at [email protected])

Source: RAK Ports circular dated 6 August 2024

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