WebFeb 1, 2024 · The Bunker Recovery Adjustment Factor is applicable on monthly basis for the short-term contracts only, (excluding any contract subject to quarterly floating BAF mechanism) to reflect the significant increase in the bunker rates. Effective March 01st, 2024 date of loading at the origin ports and until further notice, the new amount of the ... WebMay 12, 2024 · Bunker Adjustment Factor (BAF) is one such additional cost that shippers pay to compensate for the highly volatile fuel prices. The BAF value can be included …

Bunker Recovery Adjustment Factor - Mediterranean to/from …

WebAug 28, 2024 · The Bunker Adjustment Factor will cover a freight shipment from the fluctuating costs of fuel. This is mostly made in advance. On the other hand, the … WebFeb 17, 2024 · BAF stands for 'Bunker Adjustment Factor'. It's also known as BUC (Bunker Contribution) or SBF (Standard Bunker Adjustment Factor). Everyone uses their preferred term to refer to the same thing, … food downtown west palm beach

Bunker Adjustment Factor (BAF) Sealand - A Maersk Company

WebDec 31, 2024 · The Bunker Adjustment Factor is sometimes also referred to as the Fuel Adjustment Factor (FAF) and is meant to cover the cost of fuel incurred by Container carriers. Bunker costs are the largest component of a Carriers operating costs, with some estimates pegging it at almost half of a carrier’s total variable expenses. WebThe Bunker Adjustment Factor (BAF) is an additional charge levied on the shippers to compensate for fluctuations in the price of the ship’s fuel. Also referred to as bunker surcharge, it is tied to the price of Brent crude oil, … WebAug 29, 2024 · Bunker Adjustment Factor (BAF) - Q4/2024. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 01 October 2024. 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 899,23 … food downtown vancouver wa