Singapore-Batam ferry services impose S$6 surcharge as fuel costs rise

The surcharge will apply to all tickets, even those purchased before Thursday, and will be collected at the operators’ respective ticket counters.

Batam Fast said it will also apply surcharges of S$12 for ferry rides to Desaru Coast and S$6 for Pengelih, Malaysia.

Energy costs have risen since the US-Israel conflict with Iran broke out last month. 

The war has effectively shut a crucial shipping route, the Strait of Hormuz, where about a fifth of the world’s daily oil consumption passes through.

Iran’s Revolutionary Guards have been attacking ships passing through the strait and said the world should be prepared for oil prices to rise to US$200 per barrel.

“Get ready for oil to be US$200 a barrel, because the oil price depends on regional security, which you have destabilised,” Ebrahim Zolfaqari, spokesperson for Iran’s military command, said in comments addressed to Washington.