We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … What is the Bunker Adjustment Factor? 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. 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. SWIRE SHIPPING Bunker Adjustment Factor (BAF) – December 2020 November 2, 2020. Overall, Hapag-Lloyd says the bunker adjustment factor (BAF) aims for ‘transparent calculation of costs’. By continuing browsing on this website. Thus, the company issues a new Environmental Fuel Fee and updates the existing Bunker Adjustment Factor, reports Maersk in their website. Registers a unique ID that is used to optimize user experience when visiting our website. In light of the approaching 2020 sulphur cap, which sees vessels using fuel containing up to 0.5% sulphur, Maersk's Jacob A. Shipping Simplified. Registers a unique ID that is used to generate statistical data on how the visitor uses the website. 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 Some of them are essentials while other help us to improve your experience. 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. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. The standard Bunker Surcharge (BAF03) applicable for 2020, Quarter 4 as follows: From: INDIAN SUBCONTINENT POLs … Thus, the company issues a new Environmental Fuel Fee and updates the existing Bunker Adjustment Factor, reports Maersk in their website. The changes are as follows: BAF Quantum - BAF quantums for 40’ standard and high cube will be equalized. IMO 2020 Regulation IMO 2020 Regulation Applicable for all dry & reefer cargo effective August 1, 2020. Dear Valued Customer, CMA CGM hereby announces the following Bunker Adjustment Factor (BAF03) effective from 1st October 2020 (Gate in Date). Shipping Simplified. NOTE 2: CMA CGM calls the above Bunker surcharge the Bunker Adjustment Factor … 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) … CMA CGM hereby announces the following Bunker Adjustment Factor (BAF03) effective from 1st July 2020 (Gate in Date) The standard Bunker Surcharge (BAF03) applicable for 2020, Quarter 3 as follows: From: INDIAN SUBCONTINENT POLs. 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) 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. USD 765 / TEU. The ship operator is responsible for the payment of these bunkers to the bunker supplier. The rate is similar … 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. 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. It applies to contracts with validity longer than 3 months. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. Bunker adjustment factor clauses. How will the cost and risk of … Accordingly, Safmarine will apply the additional monthly trigger defined in our Bunker Adjustment Factor (BAF) and Environmental Fuel Fee (EFF) formulas and the new tariffs will be effective 1 March 2020. According to this new amendment, c urrent standard medium of consumption will change and sulphur content will decreased Monday, December 07, 2020. NOTE 1: APL calls the above Bunker surcharge the Bunker Surcharge (BAF03), tariff Rule No. The website cannot function properly without these cookies. Due to inactivity, your session is about to expire.You will be logged out in minutes and all unsaved actions will be lost. AKA Bunker Surcharge. http://www.cma-cgm.com/ebusiness/tariffs/charge-finder, Monitor the situation of our offices worldwide, Change of email address for submitting Shipping Instructions for Government shipments, U.S., Guam, and Northern Mariana Islands Market: Fuel Adjustment Factor effective 1 January 2021, CMA CGM launches ACT with CMA CGM+, a full range of value-added services enabling its customers to reduce their environmental impact, The CMA CGM Group supports more than 35,000 Americans with Thanksgiving food donations. 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. Dear Valued Customer We would like to inform you of our BAF revision from July to September 2020. Sterling tweeted that the cost of compliance will increase. Bunker Adjustment Factor. 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. New Bunker Adjustment Factor . The new monthly BAF will be stated no later than on the 25th and will become effective on the 1st of the following month. Vision & Values; Our Global Presence ... 2020 | The China Navigation Co. Pte. 12/23/2020 2:34:34 AM - 0338. 01 Jun 2020 Rate announcements North America Dangerous Cargo surcharge for tank containers on Canadian national railway Unfortunately, these surcharges cannot be negotiated. Bunker adjustment factor clauses. 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. The rate is similar … Sealand Americas will postpone the implementation of the General Rate Increase for all DRY & REEFER cargo from East Coast South America to North Coast South America, Central America, Mexico, Puerto Rico, United States and Canada until May 1, 2020. Vision & Values; Our Global Presence ... 2020 | … WHO WE ARE. Our dedicated team of experts are here for you. 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. TO: USEC or USGC PODs. Bunker Adjustment Factor. Maerks Line has announced a new bunker adjustment factor (BAF) surcharge it says will enable customers to predict, plan and track how changes in fuel price impact the shipping freight rate. R010, Sub Rule No. The BAF rate is a non-negotiable pass-through charge. The term "Bunker" refers to the fuel that is used to operate ships. Friday, December 18, 2020. Search Type your request Search in … LSS20 & BAF Implementation for Inbound Shipments (Effective from AUG 1st, 2020 … validity), please be informed that quarterly charge – Bunker Adjustment Factor (BAF) – will be applied on top of CMA CGM group’s ocean … 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. The above BAF has been effective since July 1, 2020. Swire-Shipping-BAF-November-2020 Download. 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. The BAF will be applicable to all contracts with validity longer than three months, and the tariff values can be found in the table below: North America (United States, Canada, US Virgin Islands, Central America, Mexico, Caribbean, WCSA to East Coast South America, North America (United States, Canada, US Virgin Islands to/from West Coast South America, North Coast South America, Central America, Mexico & Caribbean, East Coast South America to Central America, Caribbean, Mexico, West Coast South America, North America, Intra-Latin America (Central America, Caribbean, Mexico, West Coast South America, North Coast South America), Bunker Adjustment Factor (BAF) reviewed and the new tariffs will be effective January 1st 2021, Equipment Positioning Service (PED) surcharge for imports into Venezuela (La Guaira and Puerto Cabello) effective Jan 1 2021, Changes to our Storage Import (STI) and Storage Export (STE) surcharges in United States. Registers a unique ID that is used to collect and transfer contact information from webforms to internal databases. 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. Due to inactivity, your session has expired. We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … The new monthly BAF will be stated no later than on the 25th and will become effective on the 1st of the following month. It applies to contracts with validity for longer than 3 months. Read. Contargo has therefore decided to include the factors of. ... clauses can be interpreted to apply to different types of fuel and still permit owners to adjust freight to reflect bunker price increases post 2020. OUR GLOBAL PRESENCE; CARGO TYPES; Discover. 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 … WHO WE ARE. This website uses cookies. We thank you for your business and continued support. The other relevant parameters form an input into the calculation of the price list. Friday, December 18, 2020. Swire-Shipping-BAF-December-2020 Download. fuel price; distance and; size and weight of the container; In the individual calculation of the fuel surcharge. B00A. 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. Bunker Adjustment Factor (BAF) – January 2020 December 3, 2019. Read. - 2 sets of BAF quantums will be maintained for discharge via: Customer Advisory Rates Tariffs U.S., Guam, and Northern Mariana Islands Market: Fuel Adjustment Factor effective 1 January 2021. We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … Toyofuji Shipping Co., LTD. (TFS) has introduced the BAF scheme since January 2020 as the IMO regulation on SOx (Sulphur oxides) emissions was enforced. 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 ... clauses can be interpreted to apply to different types of fuel and still permit owners to adjust freight to reflect bunker price increases post 2020. With the introduction of the low-sulphur regulation (IMO 2020), there is an increased cost. 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