Sealand Americas revises its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. The rate is similar … The above BAF has been effective since July 1, 2020. Please contact your local representative if you need any assistance. 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. New Bunker Adjustment Factor . 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 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. 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. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. BAF represents the floating price level of fuel in ocean freight shipping and is typically updated on a quarterly basis. 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. This website uses cookies. 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 standard Bunker Surcharge (BAF03) applicable for 2020, Quarter 4 as follows: From: INDIAN SUBCONTINENT POLs … We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … - 2 sets of BAF quantums will be maintained for discharge via: Dear Valued Customer, CMA CGM hereby announces the following Bunker Adjustment Factor (BAF03) effective from 1st October 2020 (Gate in Date). In light of the approaching 2020 sulphur cap, which sees vessels using fuel containing up to 0.5% sulphur, Maersk’s Jacob A. AKA Bunker Surcharge. NOTE 1: APL calls the above Bunker surcharge the Bunker Surcharge (BAF03), tariff Rule No. The BAF rate is a non-negotiable pass-through charge. 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. Applicable for all dry & reefer cargo effective August 1, 2020. USD 1530 / FEU. The website cannot function properly without these cookies. 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) … 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. We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … The BAF rate is a non-negotiable pass-through charge. 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 Vision & Values; Our Global Presence ... 2020 | The China Navigation Co. Pte. The rate is similar … Thus, Maersk issues a new Environmental Fuel Fee, and updates the existing Bunker Adjustment Factor. 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. Shipping Simplified. For example, starting 1st January 2020, Maersk will calculate BAF based on the fuel price for 0.1% low-sulfur fuel (with a fixed deduction of 50 USD per ton). The other relevant parameters form an input into the calculation of the price list. In light of the approaching 2020 sulphur cap, which sees vessels using fuel containing up to 0.5% sulphur, Maersk’s Jacob A. SWIRE SHIPPING Bunker Adjustment Factor (BAF) – December 2020 November 2, 2020. ... 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. ... 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. AKA Bunker Surcharge. It applies to contracts with validity longer than 3 months. R010, Sub Rule No. 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%. 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 Monday, December 07, 2020. 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. Necessary cookies enable core functionality. WHO WE ARE. Version 17.0.3.895aac17 | Shipping Simplified. 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. Registers a unique ID that is used to optimize user experience when visiting our website. 12/23/2020 2:34:34 AM - 0338. 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 … Friday, December 18, 2020. 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. 01 Jun 2020 Rate announcements North America Dangerous Cargo surcharge for tank containers on Canadian national railway B00A. Registers a unique ID that is used to generate statistical data on how the visitor uses the website. Contargo has therefore decided to include the factors of. Due to inactivity, your session is about to expire.You will be logged out in minutes and all unsaved actions will be lost. IMO 2020 Regulation 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. Vision & Values; Our Global Presence ... 2020 | … 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. Sealand North America revises Dangerous Cargo service (Inland Haulage Import) and Origin Dangerous Cargo service (Inland Haulage Export) surcharges. Read. Bunker Adjustment Factor or BAF is an additional surcharge levied on the ship operators to compensate for the fluctuations in the fuel prices. Dear Valued Customer We would like to inform you of our BAF revision from July to September 2020. NOTE 2: CMA CGM calls the above Bunker surcharge the Bunker Adjustment Factor … Friday, December 18, 2020. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. 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. Unfortunately, these surcharges cannot be negotiated. Nevertheless, it is likely to divide opinion within the shipping industry. It applies to contracts with validity for longer than 3 months. Sterling tweeted that the cost of compliance will increase. The ship operator is responsible for the payment of these bunkers to the bunker supplier. 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. 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 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 clauses. 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. Our dedicated team of experts are here for you. The result is the "Bunker Adjustment Factor" (BAF) or bunker charge. OUR GLOBAL PRESENCE; CARGO TYPES; Discover. The details on the period and reference ports used for the calculation can be found in the table below. Accordingly, Maersk 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. Read on to know how the IMO 2020 has impacted the Bunker Adjustment Factor (BAF), and what we can expect in the future. Low sulphur surcharges originate from an International Maritime Organization (IMO) initiative to reduce the amount of sulfuric fuel emissions burned by ocean vessels. What is the Bunker Adjustment Factor? The term "Bunker" refers to the fuel that is used to operate ships. It applies to contracts with validity longer than 3 months. Bunker Adjustment Factor (BAF) – January 2020 December 3, 2019. You consent to enable third parties cookies usage. Ltd. In light of the approaching 2020 sulphur cap, which sees vessels using fuel containing up to 0.5% sulphur, Maersk's Jacob A. Customer Advisory Rates Tariffs U.S., Guam, and Northern Mariana Islands Market: Fuel Adjustment Factor effective 1 January 2021. Read. 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. 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 new monthly BAF will be stated no later than on the 25th and will become effective on the 1st of the following month. Due to inactivity, your session has expired. Can You Negotiate Bunker Adjustment Factor Surcharges? 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. 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. We thank you for your business and continued support. Some of them are essentials while other help us to improve your experience. USD 520 per 20' USD 578 per 40' USD 734 per 45' USD 624 per 20' (Reefer types) 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. Sterling tweeted that the cost of compliance will increase. 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.. Thus, the company issues a new Environmental Fuel Fee and updates the existing Bunker Adjustment Factor, reports Maersk in their website. According to this new amendment, c urrent standard medium of consumption will change and sulphur content will decreased Read. 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 … Due to the recent significant fluctuation of fuel prices, TFS decided to reduce […] 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. USD 765 / TEU. Bunker Adjustment Factor. How will the cost and risk of … 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) … The changes are as follows: BAF Quantum - BAF quantums for 40’ standard and high cube will be equalized. Thus, the company issues a new Environmental Fuel Fee and updates the existing Bunker Adjustment Factor, reports Maersk in their website. How will the cost and risk of … Overall, Hapag-Lloyd says the bunker adjustment factor (BAF) aims for ‘transparent calculation of costs’. Swire-Shipping-BAF-December-2020 Download. OUR GLOBAL PRESENCE; CARGO TYPES; Discover. 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. By continuing browsing on this website. BAF amounts applicable from 1 July 2020 are available online at http://www.cma-cgm.com/ebusiness/tariffs/charge-finder (CMA CGM Charges Finder). Bunkering is the action of supplying a ship with bunkers. Bunker Adjustment Factor. 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 fuel price; distance and; size and weight of the container; In the individual calculation of the fuel surcharge. Registers a unique ID that is used to collect and transfer contact information from webforms to internal databases. Sterling tweeted that the cost of compliance will increase. Toyofuji Shipping Co., LTD. (TFS) has introduced the BAF scheme since January 2020 as the IMO regulation on SOx (Sulphur oxides) emissions was enforced. The new monthly BAF will be stated no later than on the 25th and will become effective on the 1st of the following month. SWIRE SHIPPING Bunker Adjustment Factor (BAF) – November 2020 October 1, 2020. WHO WE ARE. TO: USEC or USGC PODs. 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. We meet customer needs from one end of the supply chain to the other. 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. With the introduction of the low-sulphur regulation (IMO 2020), there is an increased cost. 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).. 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. The introduction of the bunker adjustment factor 2020 regulation ( IMO 2020 ), tariff Rule.. Cube will be lost calls the above BAF has been effective since July 1 bunker adjustment factor 2020 2020 )! Than on the 25th and will become effective on the 25th and will become effective on 25th! For Government shipments Haulage Export ) surcharges visitor uses the website bunkers to the Bunker supplier – November 2020 1. … with the introduction of the supply chain to the Bunker Adjustment Factor ( BAF –... 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