Dear Valued Customer We would like to inform you of our BAF revision from July to September 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 Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 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. We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. 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. AKA Bunker Surcharge. USD 1530 / FEU. Read on to know how the IMO 2020 has impacted the Bunker Adjustment Factor (BAF), and what we can expect in the future. 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 … 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. How will the cost and risk of … The other relevant parameters form an input into the calculation of the price list. 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) … USD 765 / TEU. Thus, Maersk issues a new Environmental Fuel Fee, and updates the existing Bunker Adjustment Factor. 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. 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. Bunker Adjustment Factor or BAF is an additional surcharge levied on the ship operators to compensate for the fluctuations in the fuel prices. 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. The rate is similar … Read. Registers a unique ID that is used to optimize user experience when visiting our website. WHO WE ARE. Bunker Adjustment Factor (BAF) – January 2020 December 3, 2019. 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. The details on the period and reference ports used for the calculation can be found in the table below. Shipping Simplified. SWIRE SHIPPING Bunker Adjustment Factor (BAF) – December 2020 November 2, 2020. Monday, December 07, 2020. Bunker adjustment factor clauses. Customer Advisory Others Change of email address for submitting Shipping Instructions for Government shipments. It applies to contracts with validity longer than 3 months. 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. Look up rates for new shipments and inland tariffs. OUR GLOBAL PRESENCE; CARGO TYPES; Discover. 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 thank you for your business and continued support. The rate is similar … The term "Bunker" refers to the fuel that is used to operate ships. The new monthly BAF will be stated no later than on the 25th and will become effective on the 1st of the following month. 12/23/2020 2:34:34 AM - 0338. R010, Sub Rule No. 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 What is the Bunker Adjustment Factor? 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 … IMO 2020 Regulation TO: USEC or USGC PODs. Some of them are essentials while other help us to improve your experience. 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 The above BAF has been effective since July 1, 2020. - 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. 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) … 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 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 . Ltd. We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … 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 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 Version 17.0.3.895aac17 | 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. 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. NOTE 1: APL calls the above Bunker surcharge the Bunker Surcharge (BAF03), tariff Rule No. Sterling tweeted that the cost of compliance will increase. WHO WE ARE. Sealand North America revises Dangerous Cargo service (Inland Haulage Import) and Origin Dangerous Cargo service (Inland Haulage Export) surcharges. 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. ... 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. 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. Low sulphur surcharges originate from an International Maritime Organization (IMO) initiative to reduce the amount of sulfuric fuel emissions burned by ocean vessels. Registers a unique ID that is used to generate statistical data on how the visitor uses the website. B00A. With the introduction of the low-sulphur regulation (IMO 2020), there is an increased cost. Friday, December 18, 2020. The website cannot function properly without these cookies. 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. 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