Maersk Line is increasing the Bunker Adjustment Factor (BAF) between Mediterranean ports and the United States and Canada. The change follows the higher oil prices.
The new bunker surcharges will be:
* USD 453 (currently USD 399) per 20' container
* USD 906 (currently USD 798) per 40' container
Transatlantic cargo to and from the following countries will be affected: United States, Canada, Russia (via Black Sea ports), Ukraine, Romania, Bulgaria, Kazakhstan, Moldova, Belarus, Armenia, Georgia, Tajikistan, Turkmenistan, Azerbaijan, Uzbekistan, Kyrgyzstan, Italy, Cyprus, Albania, San Marino, Slovenia, Egypt, Bosnia & Herzegovina, Syria, Serbia & Montenegro, Croatia, Turkey, Lebanon, Macedonia, Greece, Malta, Libya, Tunisia, Algeria, Spain, Portugal, Morocco, Andorra, Gibraltar and France (via Mediterranean ports).
What is BAF?
BAF stands for ‘Bunker Adjustment Factor’. By applying BAF, Maersk Line and other container carriers seek to compensate for changes in bunker costs above a certain level. An increase in the bunker price entails an increase in BAF. Likewise, a decrease entails a decrease in BAF. The carriers cover basic bunker costs, while BAF is only applied to changes above certain trade specific levels.
Should you have any questions, please contact your local Maersk Line representative.
The new bunker surcharges will be:
* USD 453 (currently USD 399) per 20' container
* USD 906 (currently USD 798) per 40' container
Transatlantic cargo to and from the following countries will be affected: United States, Canada, Russia (via Black Sea ports), Ukraine, Romania, Bulgaria, Kazakhstan, Moldova, Belarus, Armenia, Georgia, Tajikistan, Turkmenistan, Azerbaijan, Uzbekistan, Kyrgyzstan, Italy, Cyprus, Albania, San Marino, Slovenia, Egypt, Bosnia & Herzegovina, Syria, Serbia & Montenegro, Croatia, Turkey, Lebanon, Macedonia, Greece, Malta, Libya, Tunisia, Algeria, Spain, Portugal, Morocco, Andorra, Gibraltar and France (via Mediterranean ports).
What is BAF?
BAF stands for ‘Bunker Adjustment Factor’. By applying BAF, Maersk Line and other container carriers seek to compensate for changes in bunker costs above a certain level. An increase in the bunker price entails an increase in BAF. Likewise, a decrease entails a decrease in BAF. The carriers cover basic bunker costs, while BAF is only applied to changes above certain trade specific levels.
Should you have any questions, please contact your local Maersk Line representative.