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. Unfortunately, these surcharges cannot be negotiated. Registers a unique ID that is used to optimize user experience when visiting our website. 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). Thus, Maersk issues a new Environmental Fuel Fee, and updates the existing Bunker Adjustment Factor. 12/23/2020 2:34:34 AM - 0338. We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … The ship operator is responsible for the payment of these bunkers to the bunker supplier. SWIRE SHIPPING Bunker Adjustment Factor (BAF) – November 2020 October 1, 2020. 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. 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. NOTE 2: CMA CGM calls the above Bunker surcharge the Bunker Adjustment Factor … The other relevant parameters form an input into the calculation of the price list. Vision & Values; Our Global Presence ... 2020 | … Read. We thank you for your business and continued support. 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. It applies to contracts with validity longer than 3 months. - 2 sets of BAF quantums will be maintained for discharge via: 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. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. 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. 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. New Bunker Adjustment Factor . Contargo has therefore decided to include the factors of. Sealand Americas revises its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. 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. Low sulphur surcharges originate from an International Maritime Organization (IMO) initiative to reduce the amount of sulfuric fuel emissions burned by ocean vessels. 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. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 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). We meet customer needs from one end of the supply chain to the other. In light of the approaching 2020 sulphur cap, which sees vessels using fuel containing up to 0.5% sulphur, Maersk’s Jacob A. WHO WE ARE. 01 Jun 2020 Rate announcements North America Dangerous Cargo surcharge for tank containers on Canadian national railway 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. The standard Bunker Surcharge (BAF03) applicable for 2020, Quarter 4 as follows: From: INDIAN SUBCONTINENT POLs … Can You Negotiate Bunker Adjustment Factor Surcharges? 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 … 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) … WHO WE ARE. 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 … 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).. The term "Bunker" refers to the fuel that is used to operate ships. Friday, December 18, 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 313.31 USD/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. BAF represents the floating price level of fuel in ocean freight shipping and is typically updated on a quarterly basis. The result is the "Bunker Adjustment Factor" (BAF) or bunker charge. Bunker adjustment factor clauses. 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 ... 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. 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. USD 520 per 20' USD 578 per 40' USD 734 per 45' USD 624 per 20' (Reefer types) Thus, the company issues a new Environmental Fuel Fee and updates the existing Bunker Adjustment Factor, reports Maersk in their website. 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. 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. Friday, December 18, 2020. NOTE 1: APL calls the above Bunker surcharge the Bunker Surcharge (BAF03), tariff Rule No. 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. 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 Registers a unique ID that is used to collect and transfer contact information from webforms to internal databases. USD 1530 / FEU. ... 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. Customer Advisory Rates Tariffs U.S., Guam, and Northern Mariana Islands Market: Fuel Adjustment Factor effective 1 January 2021. 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. R010, Sub Rule No. 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. B00A. Thus, the company issues a new Environmental Fuel Fee and updates the existing Bunker Adjustment Factor, reports Maersk in their website. You consent to enable third parties cookies usage. 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. USD 765 / TEU. 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 Read. Monday, December 07, 2020. Sterling tweeted that the cost of compliance will increase. Necessary cookies enable core functionality. The changes are as follows: BAF Quantum - BAF quantums for 40’ standard and high cube will be equalized. It applies to contracts with validity for longer than 3 months. What is the Bunker Adjustment Factor? 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 (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. IMO 2020 Regulation Sealand North America revises Dangerous Cargo service (Inland Haulage Import) and Origin Dangerous Cargo service (Inland Haulage Export) surcharges. Nevertheless, it is likely to divide opinion within the shipping industry. Please contact your local representative if you need any assistance. 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%. Toyofuji Shipping Co., LTD. (TFS) has introduced the BAF scheme since January 2020 as the IMO regulation on SOx (Sulphur oxides) emissions was enforced. By continuing browsing on this website. 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. 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. 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 We would like to inform you of our BAF revision from July to September 2020. Vision & Values; Our Global Presence ... 2020 | The China Navigation Co. Pte. AKA Bunker Surcharge. 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 details on the period and reference ports used for the calculation can be found in the table below. In light of the approaching 2020 sulphur cap, which sees vessels using fuel containing up to 0.5% sulphur, Maersk's Jacob A. Version 17.0.3.895aac17 | Applicable for all dry & reefer cargo effective August 1, 2020. OUR GLOBAL PRESENCE; CARGO TYPES; Discover. How will the cost and risk of … Bunker adjustment factor clauses. Bunker Adjustment Factor. With the introduction of the low-sulphur regulation (IMO 2020), there is an increased cost. The above BAF has been effective since July 1, 2020. Registers a unique ID that is used to generate statistical data on how the visitor uses the website. It applies to contracts with validity longer than 3 months. The website cannot function properly without these cookies. Bunker Adjustment Factor or BAF is an additional surcharge levied on the ship operators to compensate for the fluctuations in the fuel prices. The BAF rate is a non-negotiable pass-through charge. fuel price; distance and; size and weight of the container; In the individual calculation of the fuel surcharge. Dear Valued Customer, CMA CGM hereby announces the following Bunker Adjustment Factor (BAF03) effective from 1st October 2020 (Gate in Date). Swire-Shipping-BAF-November-2020 Download. The BAF rate is a non-negotiable pass-through charge. 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 (BAF) – January 2020 December 3, 2019. Ltd. Read on to know how the IMO 2020 has impacted the Bunker Adjustment Factor (BAF), and what we can expect in the future. AKA Bunker Surcharge. Bunkering is the action of supplying a ship with bunkers. The rate is similar … SWIRE SHIPPING Bunker Adjustment Factor (BAF) – December 2020 November 2, 2020. Due to inactivity, your session has expired. The new monthly BAF will be stated no later than on the 25th and will become effective on the 1st of the following month. Bunker Adjustment Factor. Some of them are essentials while other help us to improve your experience. Swire-Shipping-BAF-December-2020 Download. Due to the recent significant fluctuation of fuel prices, TFS decided to reduce […] 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. IMO 2020 Regulation According to this new amendment, c urrent standard medium of consumption will change and sulphur content will decreased The new monthly BAF will be stated no later than on the 25th and will become effective on the 1st of the following month. TO: USEC or USGC PODs. 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 Overall, Hapag-Lloyd says the bunker adjustment factor (BAF) aims for ‘transparent calculation of costs’. 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 rate is similar … This website uses cookies. We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … How will the cost and risk of … Customer Advisory Others Change of email address for submitting Shipping Instructions for Government shipments. 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. We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … Shipping Simplified. 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. Our dedicated team of experts are here for you. 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. 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. 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 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. 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. Look up rates for new shipments and inland tariffs. 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