American President Lines has announced a 17% reduction in its Fuel Adjustment Factor into Guam and Saipan effective July 1.
The reduction also applies to export containers from Guam and Saipan to the US.
APL Guam General Manager, Charlie Hermosa stated, “APL continues to evaluate the fuel index and therefore we will be making an adjustment that will greatly assist the business community with much needed cost relief in these challenging times.”
He added that “our commitment to the community is that we will consistently evaluate the fuel market and make any necessary adjustments.”
Reefer containers in and out of Guam and Saipan to the US are also included in the reduction and will be at 14%.