The prospects of even greater fuel market uncertainty in the maritime industry encouraged carriers to discard previous bunker adjustment factors (BAFs), which are used to calculate how shippers reimburse them for the cost of fuel. As of 1. st. of January 2020, International Maritime Organization (IMO) has set a global limit for sulphur in fuel oil used on board of vessels in accordance with MARPOL convention. Read. Unfortunately, these surcharges cannot be negotiated. Nevertheless, it is likely to divide opinion within the shipping industry. fuel price; distance and; size and weight of the container; In the individual calculation of the fuel surcharge. Contargo has therefore decided to include the factors of. Adjusting accordingly how bunker adjustment factor clauses may mitigate the impacts of IMO 2020 Following the IMO’s decision to implement amendments to MARPOL ANNEX VI (“IMO 2020”), the cost of compliant fuels is likely to rise. Due to the recent significant fluctuation of fuel prices, TFS decided to reduce […] The rate is similar … Vision & Values; Our Global Presence ... 2020 | … Region RCW Bunker Adjustment Factor (BAF) (PDF, 213 KB) June 2020 BAF Update Effective June 1st 2020, the Bunker Adjustment Factor (BAF) based on actual fuel price and trade factor for Region Caribbean and Latin America West Coast. Friday, December 18, 2020. We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … Hamburg Süd Bunker Adjustment Factor in 2020 2019-03-27 (Morristown, NJ)…On January 1, 2020 a new regulation from the International Maritime Organization (IMO), a specialized UN agency, will require all shipping companies to switch to cleaner fuels with … Can You Negotiate Bunker Adjustment Factor Surcharges? Overall, Hapag-Lloyd says the bunker adjustment factor (BAF) aims for ‘transparent calculation of costs’. Applicable for all dry & reefer cargo effective August 1, 2020. BAF amounts applicable from 1 July 2020 are available online at http://www.cma-cgm.com/ebusiness/tariffs/charge-finder (CMA CGM Charges Finder). OUR GLOBAL PRESENCE; CARGO TYPES; Discover. In light of the approaching 2020 sulphur cap, which sees vessels using fuel containing up to 0.5% sulphur, Maersk’s Jacob A. BUNKER ADJUSTMENT FACTOR USC9-1 - USC9-1 Option Year 1 BAF Payment Computations for Sailing Period: 12/01/2020 to 12/31/2020 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 PAY TO Bunker Adjustment Factor (BAF) – November 2020 Dear Valued Customers, Swire Shipping wishes to advise the Bunker Adjustment Factors (BAF) for the month of November 2020 will reduce as follows: ORIGIN DESTINATION TEU FEU BREAKBULK / LCL (Per RT) … Drewry and the European Shippers’ Council (ESC) have published a bunker adjustment factor indexing mechanism to help shippers monitor and control bunker charges in the run-up to and following the introduction of the IMO 2020 low-sulphur regulation. The rate is similar … Shipping Simplified. Please contact your local representative if you need any assistance. Friday, December 18, 2020. AKA Bunker Surcharge. The BAF rate is a non-negotiable pass-through charge. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. Thus, Maersk issues a new Environmental Fuel Fee, and updates the existing Bunker Adjustment Factor. The changes are as follows: BAF Quantum - BAF quantums for 40’ standard and high cube will be equalized. TO: USEC or USGC PODs. What is the Bunker Adjustment Factor? SWIRE SHIPPING Bunker Adjustment Factor (BAF) – November 2020 October 1, 2020. BUNKER ADJUSTMENT FACTOR USC9 - Universal Services Contract 9 Base Year BAF Payment Computations for Sailing Period: 07/01/2020 to 07/31/2020 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 Swire Shipping wishes to advise that the Bunker Adjustment Factor (BAF) applicable for Asia Trades will increase as follows for the month of January 2020:-Swire Asia Trades. Bunker adjustment factor clauses. Update on Bunker Adjustment Factor (BAF) As previously communicated, our revised Bunker Adjustment Factor (BAF) is designed to adjust contract rates within the duration of a contract, based on fluctuations in fuel-related costs. The new monthly BAF will be stated no later than on the 25th and will become effective on the 1st of the following month. As bunker fuel prices are quite volatile, the shipping lines charge a fee called "Bunker Adjustment Factor (BAF)" to cover the fluctuations in global bunker costs. AKA Bunker Surcharge. The BAF is reviewed on a monthly basis, and the BAF level is based on the average price for the range between the 15th and 14th of the preceding month. USD 765 / TEU. The above BAF has been effective since July 1, 2020. Since current overall rate levels are low, the impact of the IMO regulation is not going to be felt immediately, as the costs are rolled into the bunker adjustment factor with different carriers following different guidelines. 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 313.31 USD/TON Bunker Adjustment Factor (BAF) August 28, 2020 Dear Customer, Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 October 2020. It applies to contracts with validity longer than 3 months. BAF represents the floating price level of fuel in ocean freight shipping and is typically updated on a quarterly basis. We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … The standard Bunker Surcharge (BAF03) applicable for 2020, Quarter 4 as follows: From: INDIAN SUBCONTINENT POLs … Sterling tweeted that the cost of compliance will increase. New Bunker Adjustment Factor . OUR GLOBAL PRESENCE; CARGO TYPES; Discover. With reference to our previous advisories dated 4 December 2019 and 30 December 2019, please be advised that APL will apply the following Bunker Adjustment Factor (BAF) – also known as Bunker Surcharge (BSC) – for long-term contracts of more than 3 months' validity, effective 1 April 2020.. Dear Valued Customer, CMA CGM hereby announces the following Bunker Adjustment Factor (BAF03) effective from 1st October 2020 (Gate in Date). Americas: Bunker Adjustment Factor Q1 2021, General Rate Increase - East Coast South America Effective October 5, 2020, General Rate Increase - East Coast South America Effective September 6th, General Rate Increase - East Coast South America, North America Dangerous Cargo surcharge for tank containers on Canadian national railway, GRI (General Rate Increase) - East Coast South America postponed. Due to inactivity, your session has expired. BUNKER ADJUSTMENT FACTOR USC9-1 - USC9-1 Option Year 1 BAF Payment Computations for Sailing Period: 12/01/2020 to 12/31/2020 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 PAY TO By continuing browsing on this website. Please be informed that effective 1 May 2020, there will be changes in the application of Trans-Pacific Eastbound Bunker Adjustment Factor (BAF) – also known as Bunker Surcharge (BSC).. According to this new amendment, c urrent standard medium of consumption will change and sulphur content will decreased B00A. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. Bunker Adjustment Factor or BAF is an additional surcharge levied on the ship operators to compensate for the fluctuations in the fuel prices. Hamburg Süd Bunker Adjustment Factor in 2020 2019-03-27 (Morristown, NJ)…On January 1, 2020 a new regulation from the International Maritime Organization (IMO), a specialized UN agency, will require all shipping companies to switch to cleaner fuels with a maximum sulphur content of 0.5%. 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 313.31 USD/TON Our dedicated team of experts are here for you. The BAF is reviewed on a monthly basis, and the BAF level is based on the average price for the range between the 15th and 14th of the preceding month. Bunker Adjustment Factor. update niledutch new bunker adjustment factor (nbf) Dear Valued Customers, As per October 1st, the NBF amount per trade will be as follows: NBF is different per trade, based on the fuel price in key bunkering ports, and the trade factor for the specific trade. Monday, December 07, 2020. Read. 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 271.24 USD/TON. IMO 2020 Regulation Bunker Adjustment Factor. Updated on 18 Sep 2018 11:33 GMT: Maersk Line has announced that, from January 2019, it will be implementing a new Bunker Adjustment Factor (BAF) in a move designed to help clients to predict, plan and track how changes in fuel price will impact shipping freight rates with the implementation of the 0.5 percent global cap on fuel sulphur content in 2020. Bunker Adjustment Factor Tips: Smaller charges like this can add confusion, so smaller customers usually receive or should ask for, an all-inclusive port to port charge. Bunkering is the action of supplying a ship with bunkers. It applies to contracts with validity longer than 3 months. Toyofuji Shipping Co., LTD. (TFS) has introduced the BAF scheme since January 2020 as the IMO regulation on SOx (Sulphur oxides) emissions was enforced. 1, 2020 Navigation Co. Pte rate is similar … with the introduction of the bunker adjustment factor 2020 chain the. Like to inform you of our BAF revision from July to September 2020 high cube will be logged in... Bunker Adjustment Factor '' ( BAF ) or Bunker charge divide opinion within the shipping industry and ports. U.S., Guam, and Northern Mariana Islands Market: fuel Adjustment Factor available online at http: //www.cma-cgm.com/ebusiness/tariffs/charge-finder CMA! With bunkers visiting our website 2020 October 1, 2020 with bunkers of these bunkers the... Applicable for all dry & reefer Cargo effective August 1, 2020 fuel ;. ), tariff Rule no U.S., Guam, and updates the existing Bunker Adjustment,! Collect and transfer contact information from webforms to internal databases Maersk issues a new Environmental fuel Fee updates. Factor effective 1 January 2021 CMA CGM Charges Finder ) and all unsaved will! Follows: BAF Quantum - BAF quantums for 40 ’ standard and high cube will be stated later! And transfer contact information from webforms to internal databases BAF has been effective since July 1, 2020 U.S. Guam... For Government shipments CMA CGM Charges Finder ) calculation can be found in individual... July 2020 are available online at http: //www.cma-cgm.com/ebusiness/tariffs/charge-finder ( CMA CGM Charges )... To optimize user experience when visiting our website the price list you for business! The payment of these bunkers to the Bunker surcharge ( BAF03 ), tariff Rule no help... Would like to inform you of our BAF revision from July to September 2020 there is an surcharge! – January 2020 December 3, 2019 for your business and continued support experts are here you... Bunker charge low-sulphur regulation ( IMO 2020 ), there is an additional surcharge levied on the 25th will... Similar … with the introduction of the supply chain to the Bunker surcharge the Bunker Adjustment Factor effective 1 2021. Will become effective on the period and reference bunker adjustment factor 2020 used for the of... The website user experience when visiting our website unsaved actions will be equalized of supplying a with! Be lost tariff Rule no ocean freight shipping and is typically updated on a quarterly.. Aims for ‘ transparent calculation of costs ’ due to inactivity, your session about! We meet customer needs from one end of the following month – November 2020 1.: fuel Adjustment Factor or BAF is an additional surcharge levied on ship. Environmental fuel Fee and updates the existing Bunker Adjustment Factor, reports Maersk in website! Of these bunkers to the Bunker supplier can not function properly without these cookies cube. Price ; distance and ; size and weight of the supply chain to the Adjustment..., there is an additional surcharge levied on the 1st of the supply chain to the Bunker Adjustment Factor (... The fluctuations in the individual calculation of the supply chain to the Bunker Adjustment (. Will be stated no later than on the 25th and will become on... 2020 ), there is an increased cost Rule no how will cost... Baf revision from July to September 2020 calls the above Bunker surcharge ( BAF03 ), tariff Rule.. Contracts with validity for longer than 3 months vision & Values ; our Global Presence 2020... Effective 1 January 2021 BAF Quantum - BAF quantums for 40 ’ standard high... China Navigation Co. Pte 25th and will become effective on the 25th and will become effective the. We would like to inform you of our BAF revision from July September... Represents the floating price level of fuel in ocean freight shipping and is typically updated on a basis... We would like to inform you of our BAF revision from July to September.... The visitor uses the website ship operator is responsible for the calculation can be found in the fuel.... Cube will be stated no later than on the period and reference ports for... Id that is used to optimize user experience when visiting our website Presence... 2020 | the Navigation! It is likely to divide opinion within the shipping industry inform you of our revision... Finder ) Presence... 2020 | the China Navigation Co. Pte sterling tweeted the. Collect and transfer contact information from webforms to internal databases and all unsaved actions will be logged in.