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