Maersk Line announces a new BAF formula

Maersk to advise that the new Maersk Line BAF will take effect in the Far East - Europe, Intra European, and Europe - Middle East and South Asia trades as of 1 October 2008. 

Far East – Europe
Westbound:
•    USD 720 per 20’ container
•    USD 1440 per 40’ container
Eastbound:
•    USD 240 per 20’ container
•    USD 480 per 40’ container
With the launch of the Maersk Line Bunker formula and the phase out of the Far East Freight Conference, Maersk will apply the formula on a revenue neutral basis for tariff & contracts with floating BAF. This means that any reduction/increase in BAF will be offset by and equivalent increase/decrease in the Base rate.
Intra Europe
North Europe to Mediterranean and Black Sea:
•    EUR 270 per 20’ container
•    EUR 540 per 40’ container
•    USD 400 per 20’ container (to and from Israel)
•    USD 800 per 40’ container (to and from Israel)
•    GBP 215 per 20’ container (to and from United Kingdom)
•    GBP 430 per 40’ container (to and from United Kingdom)
Mediterranean and Black Sea to North Europe:
•    EUR 270 per 20’ container
•    EUR 540 per 40’ container
•    USD 400 per 20’ container (to and from Israel)
•    USD 800 per 40’ container (to and from Israel)
•    GBP 215 per 20’ container (to and from United Kingdom)
•    GBP 430 per 40’ container (to and from United Kingdom)
Mediterranean Sea and Black Sea to Mediterranean and Black Sea (Intra Med and Intra Black Sea):
•    EUR 135 per 20’ container
•    EUR 270 per 40’ container
•    USD 200 per 20’ container (to and from Israel)
•    USD 400 per 40’ container (to and from Israel)
North Europe to North Europe:
•    EUR 135 per 20’ container
•    EUR 270 per 40’ container
•    GBP 110 per 20’ container (to and from United Kingdom)
•    GBP 220 per 40’ container (to and from United Kingdom)
With the launch of the Maersk Line Bunker formula and the phase out of the EMTA conference, Maersk will apply the formula on a revenue neutral basis. This means that any reduction/increase in BAF will be offset by an equivalent increase/decrease in the Base rate.
Europe - Middle East and South Asia
Eastbound and Westbound:
•    USD 465 per 20’ container
•    USD 930 per 40’ container
With the launch of the Maersk Line Bunker formula and the phase out of the EMERA and IPBCC conferences, Maersk will apply the formula on a revenue neutral basis. This means that any reduction/increase in BAF will be offset by an equivalent increase/decrease in the base rate.
All the abovementioned BAF are for both dry and refrigerated containers. Maersk will revise the BAF on a monthly basis.