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2008 July 3   06:37

Far East Freight Conference increases BAF and cuts CAF for August

The Far East Freight Conference (FEFC) will alter its bunker (BAF) and currency adjustment factors (CAF) in August.
The BAF applicable to and from the UK- North Continent, Scandinavia and the Baltic and the Med and west coast Europe will rise to US$675 per TEU from $610, the FEFC said. The CAF for August will fall to 17.1 per cent from 17.4 per cent.

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