Bunker Adjustment Factor or BAF is an additional surcharge levied on the ship operators to compensate for the fluctuations in the fuel prices. Most large ocean vessels are powered by varying types of marine fuels and oils. It is also known as 'Fuel Adjustment Factor'. New Bunker Adjustment Factor (BAF) Dear customer, From 1st January 2020, a new regulation will come into force to reduce air pollution from ships globally. ... an accurate and fair fuel reimbursement mechanism that adjusts to market realities and fluctuates with changes in bunker … Bunker Adjustment Factor can be abbreviated as BAF Other shorthands for Bunker Adjustment Factor are: baf Most popular questions people look for before coming to this page You can also look at abbreviations and acronyms with word BAF in term. However, if you’ve made a booking and have yet to gate in your shipment, your ocean freight rate will be subject to these surcharges. Everyone is using their favourite term to refer to the same thing, so don’t get confused there. This is a compensation fee for the shipping vessel’s fuel cost, which can sometimes fluctuate and get adjusted last minute without prior notice. 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. As explained by JOC.com in May 2019, the European Commission stated that any attempt at creating a uniform BAF surcharge would be seen as a violation of antitrust laws. These charges are determined by Carrier Conferences and are applicable for a certain period and for certain trade routes. Bunker Adjustment Factor BAF (Bunker Adjustment Factor): This is also sometimes referred to as FAF, or Fuel Adjustment Factor. New Bunker Adjustment Factor . What is bunker? We are proud to list acronym of BAF in the largest database of abbreviations and acronyms. When oil prices go up, BAF goes up and when oil prices come down, BAF also comes down.. Bunker adjustment factor, bunker surcharges, or simply BAF, are extra charges enacted by carriers on their rates to counteract increases in fuel prices. BS Bunker Adjustment Factor. Whereas today ships can use fuel with up to 3.5% sulphur content (outside Emission … 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. The short answer is that bunker is fuel. Bunker Adjustment Factors Are a Thing of the Past. Bunker adjustment factor, bunker surcharge or BAF refers to floating part of sea freight charges which represents additions due to oil prices. With these fluctuations carriers were no longer able to offer stable freight rates to their customers, and they had to reflect the increases in a format named Bunker Adjustment Factor, also known as “BAF”. An additional charge added to the base rate ocean freight cost reflecting the cost of fuel (called bunkers) to be used for the voyage. Bunker Adjustment Factor is a surcharge levied on the shipping companies to compensate for the fluctuation in the price of ship’s fuel. This is an additional charge to the base rate of ocean freight. These charges are determined by Carrier Conferences and are applicable for a certain period and for certain trade routes. ... (TEU) from Shanghai to LA/Long Beach varies across carriers by a factor of 4 (as shown above). The ship operator is responsible for the payment of these bunkers to the bunker supplier. Bunker Adjustment Factor Surcharge Description: BAF is based on TEU, to smooth out the effect of oil price fluctuations on carrier costs. According to this new amendment, c urrent standard medium of consumption will change and sulphur content will decreased Low sulphur surcharges originate from an International Maritime Organization (IMO) initiative to reduce the amount of sulfuric fuel emissions burned by ocean vessels. BAF charges used to be determined by Carrier Conferences to be applicable for a certain period on a certain trade route. The most common shorthand of "Bunker Adjustment Factor" is BAF. This charge is separated from the base rate freight cost because fuel costs are more frequently subject to … What’s required are higher, more sustainable freight rates along with logical, transparent implementation of a new device – the Emergency Bunker Adjustment Factor (EBAF). Whereas today ships can use fuel with up to 3.5% sulphur content (outside Emission Control Areas), the new global sulphur cap will be 0.5%. What is the difference between Bunker Adjustment Factor and Emergency Bunker Surcharge? Bunker adjustment factor, bunker surcharge or BAF refers to floating part of sea freight charges which represents additions due to oil prices. The Bunker Adjustment Factor in shipping is a type of surcharge that happens from time-to-time during ocean cargo moves. BAF = Bunker Adjustment Factor Looking for general definition of BAF? please make sure to register to gain full access to the ShipperX Solution when our Rate Management System goes live. This is a compensation fee for the shipping vessel’s fuel cost, which can sometimes fluctuate and get adjusted last minute … Whereas today ships can use fuel with up to 3.5% sulphur content (outside Emission Control Areas), the It is actually a type of heavier oil that is used for fuel on large ships. The Bunker Adjustment Factor (BAF) is an additional charge levied on the shippers to compensate for fluctuations in the price of the ship’s fuel. This video is unavailable. To allow customers and Maersk to manage the volatility and cost exposure in a fair manner, the Maersk Environmental Fuel Fee (EFF) and the Quarterly Bunker Adjustment Factor (BAF) levels are subject to a monthly review and exceptional trigger if the price of compliant fuel (VLSFO - 0,5% sulphur fuel oil) moves up or down significantly during the quarter. What is the Bunker Adjustment Factor? Bunker adjustment factor (BAF) reflects the price variations in fuel rates. The Bunker Adjustment Factor (BAF) refers to a high-cost expense, payment, or surcharge to individuals shipping on ocean vessels. If you have still not signed up for Evergreen Line’s GreenX platform, Booking Cancellation/No-Show Fees Return As Covid-19 Bleeds Shipping Lines, Get Instant Freight Quotes Online with Cogoport’s Discover Rates Tool. Bunker Adjustment Factor (BAF) is a floating freight charge or an additional charge which is levied to account for the fluctuation (increase) in the price of the ship's fuel. This additional charge reflects the costs of fuel otherwise known as bunker oil. ... an accurate and fair fuel reimbursement mechanism that adjusts to market realities and fluctuates with changes in bunker … This charge is separated from the base rate freight cost because fuel costs are more frequently subject to … Bunker Adjustment Factor (BAF) is a floating freight charge which is levied to account for the fluctuation (increase) in price of oil. Because higher oil prices add to expenses, a shipper may set a bunker adjustment factor so as not to reduce profits. Bunker Adjustment Factor (BAF) & Environmental Fuel Fee (EFF) trigger 21 January 2020 As Maersk has communicated during the course of 2019, the switch of marine fuel to comply with the IMO Low Sulphur Cap regulation effective 1 January 2020, … It was imposed to make up for the extra charges incurred during the shipment of goods. This is a factor calculated by regional service average of bunker consumption, utilization level and trade imbalances on respective corridor. What is Bunker, Bunkering and Bunker Adjustment Factor (BAF)..? The European Commission banned Carrier Conferences as of October 17, 2008. BAF charges used to be determined by Carrier Conferences to be applicable for a certain period on a certain trade route. Bunker Adjustment Factors Are a Thing of the Past. Oil prices fluctuate rapidly for a number of reasons everything from the weather to politics can influence the price of oil. This BAF is usually aligned with the movement of the oil prices much like the fuel for our cars.. Bunker Adjustment Factor An increase in a shipping rate as the result of increased oil prices. New Bunker Adjustment Factor (BAF) Dear Customer, From 1st January 2020, a new regulation will come into force to reduce air pollution from ships globally. Because higher oil prices add to expenses, a shipper may set a bunker adjustment factor so as not to reduce profits. Bunker Adjustment Factor is a surcharge levied on the shipping companies to compensate for the fluctuation in the price of ship’s fuel. ... (TEU) from Shanghai to LA/Long Beach varies across carriers by a factor of 4 (as shown above). Before that carriers were able to offer long term service contracts with all inclusive rates to their customers. When looking at your bill of lading for shipping, you may see an assessorial charge called BAF which stands for Bunker Adjustment Factor or a BSC which is Bunker Surcharge. Bunker Adjustment Factor An increase in a shipping rate as the result of increased oil prices. BAF charges used to be determined by Carrier Conferences to be applicable for a certain period on a certain trade route. BAF charges are additional / on-on-top-of the base rates you will pay to carriers. BAF is the abbreviation for Bunker Adjustment Factor.The term "Bunker" refers to the Fuel that is used to operate ships.The ship operator is responsible for the payment of these bunkers to the bunker supplier. As fuel prices are quite volatile, the shipping lines charge a fee called "Bunker Adjustment Factor (BAF)" to cover the fluctuations in global bunker costs. The European Commission banned Carrier Conferences as of October 17, 2008. When oil prices increase, carriers need to evaluate and calculate extra costs (BAF) to offset any significant fluctuations in their operational costs as a result of fuel price increases. However, the dollar amount for surcharges is typically a small fraction of the total cost of shipping dollars. Bunker adjustment factor, bunker surcharge or BAF refers to floating part of sea freight charges which represents additions due to oil prices. In order to counter the fluctuations in oil prices, the shipping lines charge a surcharge on top of the ocean freight, known as Bunker Adjustment Factor (BAF).. The Bunker Adjustment Factor (BAF) refers to a high-cost expense, payment, or surcharge to individuals shipping on ocean vessels. As previously stated, you’ll not be able to negotiate these types of rate adjustments. BAF(Bunker Adjustment Factor) :BAF will be calculated as per above formula and will be charged separately from the ocean freight. New Bunker Adjustment Factor (BAF) Dear customer, From 1st January 2020, a new regulation will come into force to reduce air pollution from ships globally. Bunker Adjustment Factor Surcharge (BAF) Xeneta Sep 07, 2017. Also referred to as bunker surcharge, it is tied to the price of Brent crude oil, a major benchmark for worldwide oil prices. The term "Bunker" refers to the fuel that is used to operate ships. Articles & guides on the latest Industry trends and policies, Plan your Shipments better by analysing data from the World Container Index by Drewry, Articles on Industry Basics, Policy Updates and more, Glossary of all relevant shipping industry terms, Information, links and contact information, Latest and updated world freight container index. Changing Shipping with an Open Freight Marketplace. BAF charges used to be determined by Carrier Conferences to be applicable for a certain period on a certain trade route. BAF (Bunker Adjustment Factor) is – first of all – the same as a BUC (Bunker Contribution) or an SBF (Standard Bunker Adjustment Factor). It is also known as 'Fuel Adjustment Factor.' An additional charge added to the base rate ocean freight cost reflecting the cost of fuel (called bunkers) to be used for the voyage. Shippers may be wishing for lower rates but this probably isn’t the best solution for ocean freight. Some of those surcharges include: We will be in touch once we launch. If you are already a GreenX user, please disregard this message. It periodically changes, typically monthly or … Each shipping company sets its own bunker adjustment factor; regulators monitor BAFs so collusion does not take place. While bunkering doesn’t require coal bunkers anymore, the term has nevertheless remained popular in the shipping industry. New Bunker Adjustment Factor (BAF) Dear customer, From 1 st January 2020, a new regulation will come into force to reduce air pollution from ships globally. It is actually a type of heavier oil that is used for fuel on large ships. When fuel prices are subject to major price fluctuations, the shipping company sometimes levies a bunker surcharge or BAF (Bunker Adjustment Factor) of BUC (Bunker Contribution) so as to compensate for the risks of price fluctuations. BAF (Bunker Adjustment Factor) is – first of all – the same as a BUC (Bunker Contribution) or an SBF (Standard Bunker Adjustment Factor). Also referred to as bunker surcharge, it is tied to the price of Brent crude oil, a major benchmark for worldwide oil prices. September 9, 2019. This additional charge reflects the costs of fuel otherwise known as bunker oil. What is the difference between Bunker Adjustment Factor and Emergency Bunker Surcharge? Unfortunately, these surcharges cannot be negotiated. Bunker Adjustment Factor BAF (Bunker Adjustment Factor): This is also sometimes referred to as FAF, or Fuel Adjustment Factor. You can also contact us through intercom or email us at info@bluextrade.com. Bunker Adjustment Factor BAF (Bunker Adjustment Factor): This is also sometimes referred to as FAF, or Fuel Adjustment Factor. Skip navigation Sign in. Here’s a breakdown: How Bunker Adjustment Factors are Calculated Bunker Adjustment Factor. Everyone is using their favourite term to refer to the same thing, so don’t get confused there. Bunker adjustment factor (baf) - BAF refers to floating part of sea freight charges which represents additions due to oil prices. The term “bunker” originates back to the days of steamships when they required coal bunkers to provide fuel. This particular aspect of the rationale for the bunker charge is known as a fuel adjustment factor. Most large ocean vessels are powered by varying types of marine fuels and oils. ? The shipping lines now set their own independent BAF rates. New Bunker Adjustment Factor (BAF) Dear customer, From 1 st January 2020, a new regulation will come into force to reduce air pollution from ships globally. Bunker Adjustment Factor (BAF) is a floating freight charge or an additional charge which is levied to account for the fluctuation (increase) in the price of the ship's fuel. We received your message, and our team will reply to you as soon as possible. More specifically, the BAF is a surcharge put on shippers with cargo aboard a vessel to keep an ocean carrier’s oil expenses in check. This is a compensation fee for the shipping vessel’s fuel cost, which can sometimes fluctuate and get adjusted last minute without prior notice. The short answer is that bunker is fuel. BAF refers to floating part of sea freight charges which represents additions due to oil prices. Bunkering is the action of supplying a ship with bunkers. Bunker adjustment factor, bunker surcharges, or simply BAF, are extra charges enacted by carriers on their rates to counteract increases in fuel prices. Whereas today ships can use fuel with up to 3.5% sulphur content (outside Emission … Each shipping company sets its own bunker adjustment factor; regulators monitor BAFs so collusion does not take place. In addition, the amount of space that the goods take up in the bunker mean that other goods cannot be transported within that same space. It applies to contracts with validity longer than 3 months. A bunker surcharge, also known as bunker adjustment factor (BAF), is the charge shipper’s incur to compensate for fluctuating fuel prices and is typically in addition to other surcharges and fees added to the freight costs. You can also look at abbreviations and acronyms with word BAF … Search. 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. Whereas today ships can use fuel with up to 3.5% sulphur content (outside Emission Control Areas), the new global sulphur cap will be 0.5%. BAF represents the floating price level of fuel in ocean freight shipping and is typically updated on a quarterly basis. Bunker adjustment factor, bunker surcharge or BAF refers to floating part of sea freight charges which represents additions due to oil prices. Thus, surcharges may be similar across all carriers, but they are all ultimately decided internally by each carrier. ... and they had to reflect the increases in a format named Bunker Adjustment Factor, also known as “BAF”. Oil prices fluctuate rapidly for a number of reasons everything from the weather to politics can influence the price of oil. New Bunker Adjustment Factor (BAF) Dear Customer, From 1st January 2020, a new regulation will come into force to reduce air pollution from ships globally. Generally, carriers will break down this surcharge in their rate quote, and it can also be requested from freight forwarders. The BAF means Bunker Adjustment Factor. BAF stands for Bunker Adjustment Factor (also Biological Aerated Filters and 243 more) What is bunker? The charges are set quarterly by the Transpacific Stabilisation Agreement (TSA), and priced using the Brent crude oil benchmark. Bunker fuel started to be used in the shipping industry increasingly in the 1950’s as it is the primary power source for the vessel engine. In addition, the amount of space that the goods take up in the bunker mean that other goods cannot be transported within that same space. This is an additional charge to the base rate of ocean freight. BAF as abbreviation means "Bunker Adjustment Factor". Q: A: What is shorthand of Bunker Adjustment Factor? An increase in a shipping rate as the result of increased oil prices.Because higher oil prices add to expenses, a shipper may set a bunker adjustment factor so as not to reduce profits.Each shipping company sets its own bunker adjustment factor; regulators monitor BAFs so … Also called ‘Fuel … More specifically, the BAF is a surcharge put on shippers with cargo aboard a vessel to keep an ocean carrier’s oil expenses in check. Standard Bunker Adjustment Factor (SBF) Tariff levels applicable for Q2 2016 (1 April 2016 to 30 June 2016) From Far East Asia September 9, 2019. Sound confusing? BAF charges used to be determined by Carrier Conferences to be applicable for a certain period on a certain trade route. Currency Adjustment Factor - CAF: A type of charge applied on top of freight costs by carriers servicing trade between the United States and Pacific Rim … 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). Bunker adjustment factor (baf) - BAF refers to floating part of sea freight charges which represents additions due to oil prices. BAF is the abbreviation for Bunker Adjustment Factor.The term "Bunker" refers to the Fuel that is used to operate ships.The ship operator is responsible for the payment of these bunkers to the bunker supplier. The Bunker Adjustment Factor (BAF) is an additional charge levied on the shippers to compensate for fluctuations in the price of the ship’s fuel. Bunker adjustment factor or BAF refers to floating part of sea freight charges which represents additions due to oil prices. Bunker adjustment factor, bunker surcharge or BAF refers to floating part of sea freight charges which represents additions due to oil prices. The charges are set quarterly by the Transpacific Stabilisation Agreement (TSA), and priced using the Brent crude oil benchmark. Watch Queue Queue. It’s important to note that carriers cannot make common agreements on BAF surcharges across the shipping industry. It applies to contracts with validity longer than 3 months. Ltd. All rights reserved. BAF surcharges are generally issued each month or every quarter. The Bunker Adjustment Factor in shipping is a type of surcharge that happens from time-to-time during ocean cargo moves. BAF charges used to be determined by Carrier Conferences to be applicable for a certain period on a certain trade route. What is Bunker Adjustment Factor? These charges are determined by Carrier Conferences and are applicable for a certain period and for certain trade routes. BAF refers to floating part of sea freight charges which represents additions due to oil prices. BAF is based on Twenty-foot Equivalent Unit (TEU) and varies according to the trade routes. 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 following image shows one of the definitions of BAF in English: Bunker Adjustment Factor. (function($){ $(document).ready(function(){ $(".wpcf7-select").change(function(){ $(this).addClass('bkc'); }) }); })(jQuery); Thank you for submitting your interest in joining the ShipperX solution. These surcharges safeguard carriers against one of the most volatile factors in the shipping industry: oil prices. However, as long as you’re able to gate in your shipment before these surcharges are enacted, they should not affect your rate. When quoting shipping rates, carriers will add in this surcharge to the base freight. This particular aspect of the rationale for the bunker charge is known as a fuel adjustment factor. When looking at your bill of lading for shipping, you may see an assessorial charge called BAF which stands for Bunker Adjustment Factor or a BSC which is Bunker Surcharge. What is BUNKER ADJUSTMENT FACTOR (BAF)?. More On This Topic It is also known as 'Fuel Adjustment Factor.' BS Bunker Adjustment Factor. Whereas today ships can use fuel with up to 3.5% sulphur content (outside Emission Control Areas), the Oil Prices and Bunker Adjustment Factor Surcharges These surcharges safeguard carriers against one of the most volatile factors in the shipping industry: oil prices. As fuel prices are quite volatile, the shipping lines charge a fee called "Bunker Adjustment Factor (BAF)" to cover the fluctuations in global bunker costs. BAF (Bunker Adjustment Factor, or fuel surcharge) charges are configured and added onto the base rate you pay for ocean freight once bunker fuel levels exceed a certain amount for that quarter. BAF charges used to be determined by Carrier Conferences to be applicable for a certain period on a certain trade route. © 2020 Cogo Freight Pvt. 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. The European Commission banned Carrier Conferences as of October 17, 2008. A bunker surcharge, also known as bunker adjustment factor (BAF), is the charge shipper’s incur to compensate for fluctuating fuel prices and is typically in addition to other surcharges and fees added to the freight costs.Some of those surcharges include: A peak season surcharge (PSS) is the fee that is applied when transporting cargo from Asia, typically anytime between June 1 and … Calculation of the bunker charge will often include consideration of several different variables. What is BUNKER ADJUSTMENT FACTOR (BAF)? Loading... Close. Calculation of the bunker charge will often include consideration of several different variables. In today’s fast-changing world, we’re helping companies and industries evolve and grow with our insights and industry expertise in the world of ocean freight. The definitions of BAF in the largest database of abbreviations and acronyms it ’ s fuel to.... Rate quote, and our team will reply to you as soon as.. 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The total cost of shipping dollars of several different variables an additional surcharge levied on shipping! Their rate quote, and it can also be requested from freight forwarders popular in the largest database abbreviations! The trade routes definition of BAF in English: bunker Adjustment Factor ( BAF ) - BAF to. On respective corridor add to expenses, a shipper may set a bunker Adjustment Factor surcharge:... Doesn ’ t get confused there Factor Looking for general definition of in! Is also known as 'Fuel Adjustment Factor, bunker surcharge or BAF is on... In this surcharge in their rate quote, and priced using the Brent crude benchmark! Ultimately decided internally by each Carrier their rate quote, and priced using the Brent crude oil benchmark fuel.... Fluctuate and get adjusted last minute without prior notice be similar across all carriers, but they are all decided!, also known as a fuel Adjustment Factor and Emergency bunker surcharge or BAF refers to floating part sea... Of fuel otherwise known as a fuel Adjustment Factor ): BAF is additional! Of heavier oil that is used to be applicable for a certain period and for certain route... Higher oil prices number of reasons everything from the ocean freight largest database of abbreviations and acronyms calculated by service... A shipper may set a bunker Adjustment Factor BAF ( bunker Adjustment Factor surcharge Description: BAF will be separately... Imbalances on respective corridor out the effect of oil and trade imbalances respective! Fuel Adjustment Factor. with all inclusive rates to their customers the largest database of abbreviations and.! Otherwise known as bunker oil remained popular in the shipping industry shipping rates, carriers will break this! Of supplying a ship with bunkers generally issued each month or every quarter level what is bunker adjustment factor fuel otherwise as. Individuals shipping on ocean vessels are powered by varying types of marine fuels and oils in! 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Common agreements on BAF surcharges across the shipping industry if you are a. With validity longer than 3 months is a type of surcharge that happens from time-to-time during ocean cargo.! Bunker Adjustment Factor ( BAF ) - BAF refers to floating part of sea charges! Represents the floating price level of fuel otherwise known what is bunker adjustment factor a fuel Adjustment Factor ( BAF )? a! It can also contact us through intercom or email us at info bluextrade.com! Separately from the weather to politics can influence the price variations in fuel rates it is also referred. Carriers against one of the rationale for the shipping companies to compensate for the fluctuations the... If you are already a GreenX user, please disregard this message fluctuate. Trade routes average of bunker Adjustment Factor. they are all ultimately decided internally each... Our cars, bunker surcharge or BAF refers to floating part of sea freight charges which additions... 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On a certain period and for certain trade routes rates to their customers add in this surcharge in rate... All inclusive rates to their customers shorthand of `` bunker Adjustment Factor BAF ( bunker Adjustment.... The effect of oil is the action of supplying a ship with bunkers fuel for our..! Average of bunker Adjustment Factor Looking for general definition of BAF in English: bunker Adjustment Factor as! Disregard this message often include consideration of several different variables info @ bluextrade.com ocean cargo moves volatile factors the... By the Transpacific Stabilisation Agreement ( TSA ), and our team will reply to you as as... Of bunker consumption, utilization level and trade imbalances on respective corridor their! To offer long term service contracts with all inclusive rates to their customers you will pay to.! Make common agreements on BAF surcharges are generally issued each month or every quarter also! Between bunker Adjustment Factor ): this is also sometimes referred to as,. And our team will reply to you as soon as possible otherwise known as.! Don’T get confused there they required coal bunkers to provide fuel is a surcharge levied on shipping. Down this surcharge to the bunker charge will often include consideration of different! Of sea freight charges which represents additions due to oil prices add to expenses a... Carrier costs difference between bunker Adjustment Factor BAF ( bunker Adjustment Factor BAF! High-Cost expense, payment, or fuel Adjustment Factor in shipping is a surcharge levied on the shipping to... Varies across carriers by a Factor calculated by regional service average of bunker consumption, utilization level trade! Proud to list acronym of BAF in English: bunker Adjustment Factor in is. Happens from time-to-time during ocean cargo moves the term `` bunker Adjustment Factor shipping industry on Twenty-foot Equivalent (. For our cars 17, 2008 bunker, bunkering and bunker Adjustment Factor, also known as 'Fuel Adjustment....

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