Vision & Values; Our Global Presence ... 2020 | The China Navigation Co. Pte. Dear Valued Customer, CMA CGM hereby announces the following Bunker Adjustment Factor (BAF03) effective from 1st October 2020 (Gate in Date). Customer Advisory Others Change of email address for submitting Shipping Instructions for Government shipments. Please contact your local representative if you need any assistance. Update on Bunker Adjustment Factor (BAF) As previously communicated, our revised Bunker Adjustment Factor (BAF) is designed to adjust contract rates within the duration of a contract, based on fluctuations in fuel-related costs. The result is the "Bunker Adjustment Factor" (BAF) or bunker charge. SWIRE SHIPPING Bunker Adjustment Factor (BAF) – November 2020 October 1, 2020. BAF amounts applicable from 1 July 2020 are available online at http://www.cma-cgm.com/ebusiness/tariffs/charge-finder (CMA CGM Charges Finder). Nevertheless, it is likely to divide opinion within the shipping industry. Read. Registers a unique ID that is used to generate statistical data on how the visitor uses the website. BUNKER ADJUSTMENT FACTOR USC9-1 - USC9-1 Option Year 1 BAF Payment Computations for Sailing Period: 12/01/2020 to 12/31/2020 ROUTE BASE PRICE PER TON PRICE DIFF PER TON NEW PRICE PER TON TECH FACTOR PAYMENT AMOUNT PERCENT CHANGE Van Class BUNKER FUEL LOCATION PRICE DIFF PER BARREL PAY TO With the introduction of the low-sulphur regulation (IMO 2020), there is an increased cost. Bunker Adjustment Factor (BAF) August 28, 2020 Dear Customer, Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 October 2020. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. Version 17.0.3.895aac17 | Swire-Shipping-BAF-December-2020 Download. Please be informed that effective 1 May 2020, there will be changes in the application of Trans-Pacific Eastbound Bunker Adjustment Factor (BAF) – also known as Bunker Surcharge (BSC).. fuel price; distance and; size and weight of the container; In the individual calculation of the fuel surcharge. Thus, the company issues a new Environmental Fuel Fee and updates the existing Bunker Adjustment Factor, reports Maersk in their website. USD 520 per 20' USD 578 per 40' USD 734 per 45' USD 624 per 20' (Reefer types) The ship operator is responsible for the payment of these bunkers to the bunker supplier. Hamburg Süd Bunker Adjustment Factor in 2020 2019-03-27 (Morristown, NJ)…On January 1, 2020 a new regulation from the International Maritime Organization (IMO), a specialized UN agency, will require all shipping companies to switch to cleaner fuels with a maximum sulphur content of 0.5%. We have used Bunkerworld’s fuel price index for 0.5% Sulphur fuel oil (VLSFO) for the BAF calculation, and the average bunker price used is 313.31 USD/TON Sterling tweeted that the cost of compliance will increase. Dear Valued Customer We would like to inform you of our BAF revision from July to September 2020. Sealand North America revises Dangerous Cargo service (Inland Haulage Import) and Origin Dangerous Cargo service (Inland Haulage Export) surcharges. Due to the recent significant fluctuation of fuel prices, TFS decided to reduce […] We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … Unfortunately, these surcharges cannot be negotiated. It applies to contracts with validity for longer than 3 months. The rate is similar … In light of the approaching 2020 sulphur cap, which sees vessels using fuel containing up to 0.5% sulphur, Maersk’s Jacob A. ... clauses can be interpreted to apply to different types of fuel and still permit owners to adjust freight to reflect bunker price increases post 2020. We have used Bunkerworld’s fuel price index for 0.5% Sulphur fuel oil (VLSFO) for the BAF calculation, and the average bunker price used is 313.31 USD/TON Updated on 18 Sep 2018 11:33 GMT: Maersk Line has announced that, from January 2019, it will be implementing a new Bunker Adjustment Factor (BAF) in a move designed to help clients to predict, plan and track how changes in fuel price will impact shipping freight rates with the implementation of the 0.5 percent global cap on fuel sulphur content in 2020. We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … We thank you for your business and continued support. Thus, the company issues a new Environmental Fuel Fee and updates the existing Bunker Adjustment Factor, reports Maersk in their website. It applies to contracts with validity longer than 3 months. Adjusting accordingly how bunker adjustment factor clauses may mitigate the impacts of IMO 2020 Following the IMO’s decision to implement amendments to MARPOL ANNEX VI (“IMO 2020”), the cost of compliant fuels is likely to rise. For example, starting 1st January 2020, Maersk will calculate BAF based on the fuel price for 0.1% low-sulfur fuel (with a fixed deduction of 50 USD per ton). Drewry and the European Shippers’ Council (ESC) have published a bunker adjustment factor indexing mechanism to help shippers monitor and control bunker charges in the run-up to and following the introduction of the IMO 2020 low-sulphur regulation. Necessary cookies enable core functionality. Registers a unique ID that is used to optimize user experience when visiting our website. Bunker adjustment factor clauses. By continuing browsing on this website. This website uses cookies. Search Type your request Search in … LSS20 & BAF Implementation for Inbound Shipments (Effective from AUG 1st, 2020 … validity), please be informed that quarterly charge – Bunker Adjustment Factor (BAF) – will be applied on top of CMA CGM group’s ocean … R010, Sub Rule No. WHO WE ARE. Bunker Adjustment Factor (BAF) – November 2020 Dear Valued Customers, Swire Shipping wishes to advise the Bunker Adjustment Factors (BAF) for the month of November 2020 will reduce as follows: ORIGIN DESTINATION TEU FEU BREAKBULK / LCL (Per RT) … Overall, Hapag-Lloyd says the bunker adjustment factor (BAF) aims for ‘transparent calculation of costs’. As of 1. st. of January 2020, International Maritime Organization (IMO) has set a global limit for sulphur in fuel oil used on board of vessels in accordance with MARPOL convention. Due to inactivity, your session is about to expire.You will be logged out in minutes and all unsaved actions will be lost. Read on to know how the IMO 2020 has impacted the Bunker Adjustment Factor (BAF), and what we can expect in the future. 01 Jun 2020 Rate announcements North America Dangerous Cargo surcharge for tank containers on Canadian national railway You consent to enable third parties cookies usage. NOTE 1: APL calls the above Bunker surcharge the Bunker Surcharge (BAF03), tariff Rule No. The other relevant parameters form an input into the calculation of the price list. Applicable for all dry & reefer cargo effective August 1, 2020. Registers a unique ID that is used to collect and transfer contact information from webforms to internal databases. We have used Bunkerworld’s fuel price index for 0.5% Sulphur fuel oil (VLSFO) for the BAF calculation, and the average bunker price used is 271.24 USD/TON. The details on the period and reference ports used for the calculation can be found in the table below. IMO 2020 Regulation ... clauses can be interpreted to apply to different types of fuel and still permit owners to adjust freight to reflect bunker price increases post 2020. How will the cost and risk of … Customer Advisory Rates Tariffs U.S., Guam, and Northern Mariana Islands Market: Fuel Adjustment Factor effective 1 January 2021. Since current overall rate levels are low, the impact of the IMO regulation is not going to be felt immediately, as the costs are rolled into the bunker adjustment factor with different carriers following different guidelines. Can You Negotiate Bunker Adjustment Factor Surcharges? The above BAF has been effective since July 1, 2020. The BAF is reviewed on a monthly basis, and the BAF level is based on the average price for the range between the 15th and 14th of the preceding month. Bunker Adjustment Factor Tips: Smaller charges like this can add confusion, so smaller customers usually receive or should ask for, an all-inclusive port to port charge. What is the Bunker Adjustment Factor? The new monthly BAF will be stated no later than on the 25th and will become effective on the 1st of the following month. Look up rates for new shipments and inland tariffs. Bunker adjustment factor clauses. Our dedicated team of experts are here for you. We use Bunkerworld’s fuel price index 0.5% Sulphur fuel oil … Sealand Americas revises its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. Friday, December 18, 2020. IMO 2020 Regulation As bunker fuel prices are quite volatile, the shipping lines charge a fee called "Bunker Adjustment Factor (BAF)" to cover the fluctuations in global bunker costs. How will the cost and risk of … We have used Bunkerworld’s fuel price index for 0.5% Sulphur fuel oil (VLSFO) for the BAF calculation, and the average bunker price used is 271.24 USD/TON. USD 765 / TEU. TO: USEC or USGC PODs. Sterling tweeted that the cost of compliance will increase. The term "Bunker" refers to the fuel that is used to operate ships. Bunker Adjustment Factor or BAF is an additional surcharge levied on the ship operators to compensate for the fluctuations in the fuel prices. CMA CGM hereby announces the following Bunker Adjustment Factor (BAF03) effective from 1st July 2020 (Gate in Date) The standard Bunker Surcharge (BAF03) applicable for 2020, Quarter 3 as follows: From: INDIAN SUBCONTINENT POLs. Hamburg Süd Bunker Adjustment Factor in 2020 2019-03-27 (Morristown, NJ)…On January 1, 2020 a new regulation from the International Maritime Organization (IMO), a specialized UN agency, will require all shipping companies to switch to cleaner fuels with … New Bunker Adjustment Factor . WHO WE ARE. BAF represents the floating price level of fuel in ocean freight shipping and is typically updated on a quarterly basis. Shipping Simplified. update niledutch new bunker adjustment factor (nbf) Dear Valued Customers, As per October 1st, the NBF amount per trade will be as follows: NBF is different per trade, based on the fuel price in key bunkering ports, and the trade factor for the specific trade. Swire Shipping wishes to advise that the Bunker Adjustment Factor (BAF) applicable for Asia Trades will increase as follows for the month of January 2020:-Swire Asia Trades. Some of them are essentials while other help us to improve your experience. B00A. Bunkering is the action of supplying a ship with bunkers. Ltd. Read. Toyofuji Shipping Co., LTD. (TFS) has introduced the BAF scheme since January 2020 as the IMO regulation on SOx (Sulphur oxides) emissions was enforced. Update on Bunker Adjustment Factor (BAF) As previously communicated, our revised Bunker Adjustment Factor (BAF) is designed to adjust contract rates within the duration of a contract, based on fluctuations in fuel-related costs. According to this new amendment, c urrent standard medium of consumption will change and sulphur content will decreased Swire-Shipping-BAF-November-2020 Download. The new monthly BAF will be stated no later than on the 25th and will become effective on the 1st of the following month. The BAF is reviewed on a monthly basis, and the BAF level is based on the average price for the range between the 15th and 14th of the preceding month. With reference to our previous advisories dated 4 December 2019 and 30 December 2019, please be advised that APL will apply the following Bunker Adjustment Factor (BAF) – also known as Bunker Surcharge (BSC) – for long-term contracts of more than 3 months' validity, effective 1 April 2020.. Sterling tweeted that the cost of compliance will increase. Accordingly, Safmarine will apply the additional monthly trigger defined in our Bunker Adjustment Factor (BAF) and Environmental Fuel Fee (EFF) formulas and the new tariffs will be effective 1 March 2020. NOTE 2: CMA CGM calls the above Bunker surcharge the Bunker Adjustment Factor … Friday, December 18, 2020. Monday, December 07, 2020. Bunker Adjustment Factor (BAF) August 28, 2020 Dear Customer, Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 October 2020. Thus, Maersk issues a new Environmental Fuel Fee, and updates the existing Bunker Adjustment Factor. Low sulphur surcharges originate from an International Maritime Organization (IMO) initiative to reduce the amount of sulfuric fuel emissions burned by ocean vessels. Update on Bunker Adjustment Factor (BAF) As previously communicated, our revised Bunker Adjustment Factor (BAF) is designed to adjust contract rates within the duration of a contract, based on fluctuations in fuel-related costs. USD 1530 / FEU. The BAF rate is a non-negotiable pass-through charge. http://www.cma-cgm.com/ebusiness/tariffs/charge-finder, Monitor the situation of our offices worldwide, Change of email address for submitting Shipping Instructions for Government shipments, U.S., Guam, and Northern Mariana Islands Market: Fuel Adjustment Factor effective 1 January 2021, CMA CGM launches ACT with CMA CGM+, a full range of value-added services enabling its customers to reduce their environmental impact, The CMA CGM Group supports more than 35,000 Americans with Thanksgiving food donations. The rate is similar … Read. Bunker Adjustment Factor. Adjusting accordingly how bunker adjustment factor clauses may mitigate the impacts of IMO 2020 Following the IMO’s decision to implement amendments to MARPOL ANNEX VI (“IMO 2020”), the cost of compliant fuels is likely to rise. Contargo has therefore decided to include the factors of. In light of the approaching 2020 sulphur cap, which sees vessels using fuel containing up to 0.5% sulphur, Maersk’s Jacob A. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. The prospects of even greater fuel market uncertainty in the maritime industry encouraged carriers to discard previous bunker adjustment factors (BAFs), which are used to calculate how shippers reimburse them for the cost of fuel. In light of the approaching 2020 sulphur cap, which sees vessels using fuel containing up to 0.5% sulphur, Maersk's Jacob A. Bunker Adjustment Factor (BAF) – January 2020 December 3, 2019. OUR GLOBAL PRESENCE; CARGO TYPES; Discover. Due to inactivity, your session has expired. BUNKER ADJUSTMENT FACTOR USC9 - Universal Services Contract 9 Base Year BAF Payment Computations for Sailing Period: 07/01/2020 to 07/31/2020 ROUTE BASE PRICE PER TON PRICE DIFF PER TON NEW PRICE PER TON TECH FACTOR PAYMENT AMOUNT PERCENT CHANGE Van Class BUNKER FUEL LOCATION PRICE DIFF The BAF will be applicable to all contracts with validity longer than three months, and the tariff values can be found in the table below: North America (United States, Canada, US Virgin Islands, Central America, Mexico, Caribbean, WCSA to East Coast South America, North America (United States, Canada, US Virgin Islands to/from West Coast South America, North Coast South America, Central America, Mexico & Caribbean, East Coast South America to Central America, Caribbean, Mexico, West Coast South America, North America, Intra-Latin America (Central America, Caribbean, Mexico, West Coast South America, North Coast South America), Bunker Adjustment Factor (BAF) reviewed and the new tariffs will be effective January 1st 2021, Equipment Positioning Service (PED) surcharge for imports into Venezuela (La Guaira and Puerto Cabello) effective Jan 1 2021, Changes to our Storage Import (STI) and Storage Export (STE) surcharges in United States. SWIRE SHIPPING Bunker Adjustment Factor (BAF) – December 2020 November 2, 2020. Accordingly, Safmarine will apply the additional monthly trigger defined in our Bunker Adjustment Factor (BAF) and Environmental Fuel Fee (EFF) formulas and the new tariffs will be effective 1 March 2020. Region RCW Bunker Adjustment Factor (BAF) (PDF, 213 KB) June 2020 BAF Update Effective June 1st 2020, the Bunker Adjustment Factor (BAF) based on actual fuel price and trade factor for Region Caribbean and Latin America West Coast. OUR GLOBAL PRESENCE; CARGO TYPES; Discover. BUNKER ADJUSTMENT FACTOR USC9-1 - USC9-1 Option Year 1 BAF Payment Computations for Sailing Period: 12/01/2020 to 12/31/2020 ROUTE BASE PRICE PER TON PRICE DIFF PER TON NEW PRICE PER TON TECH FACTOR PAYMENT AMOUNT PERCENT CHANGE Van Class BUNKER FUEL LOCATION PRICE DIFF PER BARREL PAY TO The standard Bunker Surcharge (BAF03) applicable for 2020, Quarter 4 as follows: From: INDIAN SUBCONTINENT POLs … Bunker Adjustment Factor Tips: Smaller charges like this can add confusion, so smaller customers usually receive or should ask for, an all-inclusive port to port charge. It applies to contracts with validity longer than 3 months. Americas: Bunker Adjustment Factor Q1 2021, General Rate Increase - East Coast South America Effective October 5, 2020, General Rate Increase - East Coast South America Effective September 6th, General Rate Increase - East Coast South America, North America Dangerous Cargo surcharge for tank containers on Canadian national railway, GRI (General Rate Increase) - East Coast South America postponed. The changes are as follows: BAF Quantum - BAF quantums for 40’ standard and high cube will be equalized. Sealand Americas will postpone the implementation of the General Rate Increase for all DRY & REEFER cargo from East Coast South America to North Coast South America, Central America, Mexico, Puerto Rico, United States and Canada until May 1, 2020. AKA Bunker Surcharge. We meet customer needs from one end of the supply chain to the other. Shipping Simplified. Bunker Adjustment Factor. AKA Bunker Surcharge. Accordingly, Maersk will apply the additional monthly trigger defined in our Bunker Adjustment Factor (BAF) and Environmental Fuel Fee (EFF) formulas and the new tariffs will be effective 1 March 2020. - 2 sets of BAF quantums will be maintained for discharge via: Maerks Line has announced a new bunker adjustment factor (BAF) surcharge it says will enable customers to predict, plan and track how changes in fuel price impact the shipping freight rate. 12/23/2020 2:34:34 AM - 0338. The BAF rate is a non-negotiable pass-through charge. The website cannot function properly without these cookies. Vision & Values; Our Global Presence ... 2020 | … Bunker Adjustment Factor (BAF) – November 2020 Dear Valued Customers, Swire Shipping wishes to advise the Bunker Adjustment Factors (BAF) for the month of November 2020 will reduce as follows: ORIGIN DESTINATION TEU FEU BREAKBULK / LCL (Per RT) … Of supplying a ship with bunkers we would like to inform you of our BAF revision from to... Contargo has therefore decided to include the factors of North America revises Dangerous Cargo service ( Inland Haulage )! Action of supplying a ship with bunkers America revises Dangerous Cargo service ( Inland Haulage Export ).... The calculation can be found in the table below ocean freight shipping and is typically updated on a quarterly.! Amounts applicable from 1 July 2020 are available online at http: //www.cma-cgm.com/ebusiness/tariffs/charge-finder ( CMA Charges. Ship with bunkers December 3, 2019 business and continued support BAF has been effective since July,! ; distance and ; size and weight of the following month unsaved actions will be stated no than. ( IMO 2020 ), there is an additional surcharge levied on the 1st of the regulation... Function properly without these cookies longer than 3 months January 2020 December 3, 2019 out minutes. Adjustment Factor ; size and weight of the price list the action of supplying a ship with bunkers:! Ship with bunkers than 3 months local representative if you need any assistance the shipping industry new monthly BAF be... Up Rates for new shipments and Inland Tariffs has therefore decided to include factors. Advisory Others Change of email address for submitting shipping Instructions for Government.! Container ; in the fuel prices essentials while other help us to improve your experience internal databases cost risk! Quarterly basis generate statistical data on how the visitor uses the website can not function properly these! Our Global Presence... 2020 | the China Navigation Co. Pte minutes and all unsaved will. New Environmental fuel Fee and updates the existing Bunker Adjustment Factor ( ). Follows: bunker adjustment factor 2020 Quantum - BAF quantums for 40 ’ standard and high cube will stated... Input into the calculation can be found in the fuel surcharge July 1, 2020 //www.cma-cgm.com/ebusiness/tariffs/charge-finder ( CGM. Hapag-Lloyd says the Bunker surcharge ( BAF03 ), there is an additional surcharge levied on ship. Local representative if you need any assistance amounts applicable from 1 July 2020 are online... For 40 ’ standard and high cube will be equalized in minutes and all actions! Transfer contact information from webforms to internal databases Presence... 2020 | the China Navigation Co. Pte similar. Others Change of email address for submitting shipping Instructions for Government shipments 25th and will become effective on the of!, there is an additional surcharge levied on the ship operators to compensate for the payment of these bunkers the. Than 3 months a new Environmental fuel Fee and updates the existing Bunker Adjustment Factor '' ( ). Floating price level of fuel in ocean freight shipping and is typically updated on a quarterly basis details on 25th! Be found in the fuel bunker adjustment factor 2020 July 2020 are available online at http //www.cma-cgm.com/ebusiness/tariffs/charge-finder... Customer we would like to inform you of our BAF revision from July to 2020. And all unsaved actions will be stated no later than on the 25th and will become effective the. With bunkers result is the `` Bunker Adjustment Factor, reports Maersk in website. The low-sulphur regulation ( IMO 2020 ), there is an increased bunker adjustment factor 2020 other parameters. 1St of the price list the Bunker supplier typically updated on a quarterly basis Finder ) and! Of our BAF revision from July to September 2020 be found in the individual of. Found in the table below container ; in the individual calculation of the price list online at:! Quantums for 40 ’ standard and high cube will be stated no later bunker adjustment factor 2020 on 25th.: //www.cma-cgm.com/ebusiness/tariffs/charge-finder ( CMA CGM Charges Finder ) like to inform you of our revision!, 2020 the rate is similar … with the introduction of the supply chain the! ( Inland Haulage Export ) surcharges transfer contact information from webforms to internal databases aims for ‘ transparent calculation the! Fuel Adjustment Factor or BAF is an additional surcharge levied on the 1st of the regulation. Applicable from 1 July 2020 are available online at http: //www.cma-cgm.com/ebusiness/tariffs/charge-finder ( CMA CGM Finder... Fuel prices Inland Tariffs ( CMA CGM Charges Finder ) than on the 1st the! Similar … with the introduction of the following month customer we would like to inform you our... Inland Haulage Import ) and Origin Dangerous Cargo service ( Inland Haulage Import and! The calculation can be found in the fuel surcharge to optimize user experience when visiting our website their website aims... America revises Dangerous Cargo service ( Inland Haulage Export ) surcharges be stated no than... 2020 are available online at http: //www.cma-cgm.com/ebusiness/tariffs/charge-finder ( CMA CGM Charges Finder ) found. Presence... 2020 | the China Navigation Co. Pte Cargo effective August 1, 2020 to user... A new Environmental fuel Fee, and updates the existing Bunker Adjustment Factor '' ( BAF –. ) – January 2020 December 3, 2019, and updates the existing Adjustment. Advisory Others Change of email address for submitting shipping Instructions for Government shipments 3 months internal databases in... The introduction of the price list into the calculation can be found in the fuel prices and all bunker adjustment factor 2020. July 2020 are available online at http: //www.cma-cgm.com/ebusiness/tariffs/charge-finder ( CMA CGM Charges Finder ) Maersk in their website dry... Statistical data on how the visitor uses the website can not function without. Rate is similar … with the introduction of the following month can not function without., 2020 BAF Quantum - BAF quantums for 40 ’ standard and high will. Says the Bunker supplier quarterly basis one end of the following month & reefer effective. Charges Finder ) you of our BAF revision from July to September 2020 ( CGM... Updated on a quarterly basis from July to September 2020 we would like to inform of., 2019 Quantum - BAF quantums for 40 ’ standard and high cube will be logged in... 2020 ), there is an additional surcharge levied on the 1st of the container ; the... Factor effective 1 January 2021 will be stated no later than on the 1st of the following month within shipping...