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2008 April 15   07:42

TACA says bunker adjustment factors will not change

The Trans-Atlantic Conference Agreement (TACA) announced this week that despite the continued level of high fuel prices, its bunker adjustment factor will remain unchanged until at least June 15. BAF Tariff rates for traffic to/from and via Atlantic and Gulf Coast Ports currently are $607 per 20-foot container and $1,214 per 40-and 45-foot containers. For traffic to/from and via Pacific Coast Ports, the rates are $911 per 20-foot container and $1,822 per 40-and 45-foot containers.
TACA said in a statement that based on the latest monitoring period, the continuing strength of major European currencies against the dollar will trigger an adjustment to the Currency Adjustment Factor (CAF) from 12 percent to 15 percent effective May 16 though at least June 15.
The TACA is comprised of ocean carriers that offer maritime and intermodal service between the United States, Atlantic, Gulf, and Pacific ports to and from North Europe, the United Kingdom and Ireland and Scandinavian and Baltic ports. Member ocean carriers include Atlantic Container Line A.B., Maersk Line, Mediterranean Shipping Co., Nippon Yushen Kaisha (NYK) Line, and Orient Overseas Container Line (OOCL).

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