COSCO announces Bunker Adjustment Factor for Europe & Mediterranean trade

COSCO Container Lines announces Bunker Adjustment Factor (BAF) for both East and West Bound shipments in Far East (includes Japan) & Indian sub-continent to Europe & Mediterranean trade and effective from June 1, 2013, said in the company's press release.

The Bunker Adjustment Factor (BAF) is as follows:
Shipments between Far East and North West Europe
      Per 20' CTR                USD $ 735
      Per 40' CTR                USD $ 1470

Shipments between Far East and Mediterranean (includes Israel, Lebanon, Syria, Black Sea region, West Africa region and North Africa region)
      Per 20' CTR                USD $ 696
      Per 40' CTR                USD $ 1392

Shipments between Indian sub-continent Region and North West Europe / Mediterranean (includes Israel, Lebanon, Syria, Black Sea region, West Africa region and North Africa region)
      Per 20' CTR                USD $ 441
      Per 40' CTR                USD $ 882