Fuel Surcharge
Service Introduction
  • Fuel Surcharge Percentage  

     - Is based on the USGC price for kerosene-type jet fuel published by the US EIA two months earlier

 

  •  Fuel Surcharge Coverage

     - Standard Express, Economy Express

     - All export/import countries in South Korea

Charging Standard
  • Formula

     - Freight Charge x Fuel Surcharge Percentage (%)

 

  • Fuel Surcharge is charged in 10 digits. 

     <Example>

     Freight Charge KRW 10,000, FSC Percentage 13.5% 

     Surcharge: KRW 10,000 x 13.5% = KRW 1,350 

     Total: KRW 10,000(Freight) + KRW 1,350(Fuel Surcharge) = KRW 11,350

Fuel Surcharge Table

Effective Period

Payment made in

South Korea

Taiwan

US, EU

April 2020

9.50%

7.25%

5.00%

March 2020

11.75%

9.50%

7.25%

February 2020

12.75% 10.50% 8.25%

 

 

  • Notes

     - The fuel surcharge percentage will be updated every month  

     - Changed fuel surcharge becomes effective on the 1st day of every month

     - For details, please refer to  'Remark'  at the bottom of  '2020 Fuel Surcharge Rates Table'