Customer Advisory Others Change of email address for submitting Shipping Instructions for Government shipments. It applies to contracts with validity longer than 3 months. By continuing browsing on this website. USD 765 / TEU. AKA Bunker Surcharge. In light of the approaching 2020 sulphur cap, which sees vessels using fuel containing up to 0.5% sulphur, Maersk's Jacob A. We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … Sterling tweeted that the cost of compliance will increase. Sealand North America revises Dangerous Cargo service (Inland Haulage Import) and Origin Dangerous Cargo service (Inland Haulage Export) surcharges. Bunker Adjustment Factor. Registers a unique ID that is used to generate statistical data on how the visitor uses the website. IMO 2020 Regulation Read. ... 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. Can You Negotiate Bunker Adjustment Factor Surcharges? Bunker Adjustment Factor or BAF is an additional surcharge levied on the ship operators to compensate for the fluctuations in the fuel prices. The result is the "Bunker Adjustment Factor" (BAF) or bunker charge. 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. Ltd. 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. 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. Due to the recent significant fluctuation of fuel prices, TFS decided to reduce […] 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. Read on to know how the IMO 2020 has impacted the Bunker Adjustment Factor (BAF), and what we can expect in the future. Registers a unique ID that is used to collect and transfer contact information from webforms to internal databases. SWIRE SHIPPING Bunker Adjustment Factor (BAF) – December 2020 November 2, 2020. 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.. Overall, Hapag-Lloyd says the bunker adjustment factor (BAF) aims for ‘transparent calculation of costs’. 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. We meet customer needs from one end of the supply chain to the other. Low sulphur surcharges originate from an International Maritime Organization (IMO) initiative to reduce the amount of sulfuric fuel emissions burned by ocean vessels. Please contact your local representative if you need any assistance. Due to inactivity, your session has expired. BAF amounts applicable from 1 July 2020 are available online at http://www.cma-cgm.com/ebusiness/tariffs/charge-finder (CMA CGM Charges Finder). The BAF rate is a non-negotiable pass-through charge. 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) … 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 Shipping Simplified. 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. The other relevant parameters form an input into the calculation of the price list. Our dedicated team of experts are here for you. Read. According to this new amendment, c urrent standard medium of consumption will change and sulphur content will decreased Thus, Maersk issues a new Environmental Fuel Fee, and updates the existing Bunker Adjustment Factor. We thank you for your business and continued support. Bunker Adjustment Factor (BAF) – January 2020 December 3, 2019. The standard Bunker Surcharge (BAF03) applicable for 2020, Quarter 4 as follows: From: INDIAN SUBCONTINENT POLs … NOTE 2: CMA CGM calls the above Bunker surcharge the Bunker Adjustment Factor … The details on the period and reference ports used for the calculation can be found in the table below. 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 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. 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. Read. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. AKA Bunker Surcharge. Sealand Americas revises its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. The changes are as follows: BAF Quantum - BAF quantums for 40’ standard and high cube will be equalized. Unfortunately, these surcharges cannot be negotiated. USD 1530 / FEU. 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. 12/23/2020 2:34:34 AM - 0338. 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 How will the cost and risk of … New Bunker Adjustment Factor . Version 17.0.3.895aac17 | The website cannot function properly without these cookies. 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. Nevertheless, it is likely to divide opinion within the shipping industry. 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. OUR GLOBAL PRESENCE; CARGO TYPES; Discover. It applies to contracts with validity longer than 3 months. Friday, December 18, 2020. What is the Bunker Adjustment Factor? In light of the approaching 2020 sulphur cap, which sees vessels using fuel containing up to 0.5% sulphur, Maersk’s Jacob A. 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. Thus, the company issues a new Environmental Fuel Fee and updates the existing Bunker Adjustment Factor, reports Maersk in their website. 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. Shipping Simplified. 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. 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