As there is continual instability in fuel prices, OCS Worldwide has
been forced to introduce a flexible fuel surcharge in line with the
market. The surcharge will be based on the monthly rounded average of the U.S. Gulf Coast
(USGC) spot price for a gallon of Kerosene-Type Jet fuel, which
the US Department of Energy (EIA) publishes (www.eia.gov).
Note: The US Department of Energy (EIA) has discontinued the publication of the Rotterdam (ARA)
spot price for a gallon of Kerosene / Jet Fuel. As from 1st November 2010, OCS Worldwide will use the USGC spot price
published by the EIA.
The fuel surcharge goes up or down in 0.5% stages, and is updated
on a monthly basis, according to the following scale.
Due to the release date
of the above information, each month's surcharge is based on the price
of fuel two months before. For example, December's surcharge is determined
from October's price.
OCS Worldwide reserves the right to change the fuel surcharge index and table with or without notice. Both the amount and duration of the surcharge will be determined at OCS Worldwide's sole discretion.