WebNov 29, 2024 · Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective January 1st 2024. We have used Bunker world’s fuel price index for 0.5% Sulphur fuel oil (VLSFO) for the BAF calculation, and the average bunker price used is 575.16 USD/TON.The details on the period and reference ports … WebMar 9, 2024 · Maersk has reviewed its Bunker Adjustment Factor (BAF) and the new tariffs will be effective 01 April 2024. We have used Bunkerworld’s fuel price index for 0,5% Sulphur fuel oil (VLSFO) for the BAF calculation and the average bunker price used is …
Explained: The BAF in ocean freight - SHIPSTA
WebJun 10, 2024 · The price of Brent crude topped $72 per barrel Thursday, with West Texas Intermediate above $70. As the price of oil goes, so goes the price of marine fuel. And that means higher costs for ship operators, … WebDec 31, 2024 · The Bunker Adjustment Factor is sometimes also referred to as the Fuel Adjustment Factor (FAF) and is meant to cover the cost of fuel incurred by Container carriers. Bunker costs are the largest component of a Carriers operating costs, with some estimates pegging it at almost half of a carrier’s total variable expenses. jb hunt 2050 centerpoint way joliet il
Bunker Adjustment Factor: The Ultimate FAQ Guide
WebNov 27, 2024 · Americas. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 01 January 2024. We have used Platt’s fuel price index for 0,5% Sulphur fuel oil (VLSFO) for the BAF calculation and the average bunker price used is 681,72 USD/TON. The details on the period used for … WebJul 13, 2024 · We can define Emergency Bunker Surcharge as the sudden increase in prices resulting from increased fuel costs. This rapid fluctuation of fuel prices allows the carriers to provide mitigations to allow ships to continue operating. To determine the constant fluctuations of fuel prices, the EBS works with the Bunker Adjustment Factor. WebBUNKER ADJUSTMENT FACTOR USC9-3 - USC9 Option Period 3 BAF Payment Computations for Sailing Period: 05/01/2024 to 05/31/2024 ROUTE BASE PRICE PER TON PRICE DIFF PER TON NEW PRICE PER TON TECH FACTOR PAYMENT AMOUNT PERCENT CHANGE Van Class BUNKER FUEL LOCATION PRICE DIFF PER BARREL … lox steakhouse