Fuel surcharge (January 2024)

12 Dec 2023 / Ras Al Khaimah ports, United Arab Emirates

With effect of 1 January 2024, until advised otherwise, the following surcharge will be invoiced for each Metric Ton / Freight Ton loaded or discharged at RAK Ports: 0.20 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 for 2020 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.in this respect.

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

Source: RAK Ports circular dated 8 December 2023

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