This new BAF will only be applicable for Long Term contracts (more than 3 months validity). TRADE DRIVER = x: Bunker Price /ton : This is an average price of IFO 380 fuel based on the key bunker supplying ports . The user simply selects the load and discharge country and the container type. 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). to simulate and calculate the BAF tariff at any fuel price. The In order to allow customers to predict, plan and track how changes in fuel price will impact total shipping freight rate, Maersk Line will introduce a simple and predictive Bunker Adjustment Factor (BAF). However, the calculation formulas proposed by carriers have so far failed to provide sufficient information to put concerns to rest. The parameters are updated annually at Maersk. BUNKER PRICE/TON. However, the dollar amount for surcharges is typically a small fraction of the total cost of shipping dollars. N'hésitez pas à consulter nos dernières annonces EBS (globale & Taiwan) Calcul de la BAF: Prix de la tonne de carburant x coefficient du trade. For North Europe and West Africa corridors, Antwerp price level is used. Global shipping company, Maersk Line has introduced a new formula for its floating bunker adjustment fee (BAF). BAF-Guidelines; Bunker Adjustment Factor (BAF) Guidelines; Scale 12/2020 Scale 01/2021 History; Bunker Charge More Transparency. Maersk has said that for next year, the proposed BAF formula will be based on the fuel price for high-sulfur fuel, IMO380, and from 2020 it will be on marine fuels that have 0.5% sulfur. Unfortunately, these surcharges cannot be negotiated. For more information, click to view APL’s IMO 2020 video. In 2019, we have used the changes in fuel price for high-sulphur fuel (IFO380) to calculate the 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 new BAF will replace the existing one and allow customers to simulate and calculate the BAF tariff at any fuel price for a given trade route. Dear customer, Hamburg Süd would like to inform you about the revision of our Bunker Adjustment Factor (BAF) Surcharge for Q1 2021 . For Black Sea and Mediterranean trade corridors, this will be the average of Istanbul and Piraeus rates. Both are kind of a floating BAF, depending on the oil price, so that shippers have a certain price security for their transportations. Maersk introduces new fuel surcharge formula Maersk Line said Monday it is introducing a new method for calculating fuel surcharges. Surcharge Monétaire (CAF) - mise à jour. The BAF is applied on top of the ocean freight charges and will still be revised on a quarterly basis with a one-month notice. BAF. the time we need to calculate BAF and EFF (based on all sources investigated so far). Import Demurrage tariffs (in US$) - DEEP SEA - The new tariff, valid for all deep sea services (including Mercosul), will be in effect from April 1st 2018 based on Bill of Lading date. Read more. We have used Bunkerworld’s fuel price . In 2019, we have used the fuel price for high-sulphur fuel (3.5% sulphur) to calculate the BAF. 2020-12-02. Maersk Line's BAF surcharge will be introduced on January 1, 2019. Hapag-Lloyd even does it monthly if the oil's price volatility exceeds $ 45 per ton. Get more information here. The new BAF will replace the existing Standard Bunker Factor (SBF) and allow customers to simulate and calculate the BAF tariff at any fuel price for a given trade route. Freetime - DEEP SEA. Contargo makes continual efforts to keep costs low by implementing a whole bundle of measures. The BAF Calculator then works out the bunker charge in USD per unit for each container type. BAF to be applied on top of freight. Both are kind of a floating BAF, depending on the oil price, so that shippers have a certain price security for their transportations. Less transparent, according to industry observers. SUBSCRIPTION REQUIRED To read this news article you need a subscription to Bunkerworld which includes the News Module . More accurate, says Jacob Sterling, head of Product and Charge Management at Maersk Line. La BAF ne sera pas applicable aux contrats/cotations spot et court terme d'une validité inférieure à 3 mois. OOCL Lite provide real time sailing schedule search, cargo tracking, shipment details, vessel tracking, port schedule, access rates of exchange for your selected voyage, detailed container specification enquiry, carbon calculator, and local information. This new BAF formula will be applicable only on all contracts/quotations with at least 3-month validity starting as from January 1st, 2019. Ces contrats seront soumis à l'EBS . However, from 1 January 2020 the BAF tariff will be calculated based on the fuel price for 0.1% sulphur gasoil with a fixed deduction of 50 USD/ton. Bunker Adjustment Factor (BAF) - Q1 2021. Existing 2018 contracts with BAF VATOS still valid during Q1 2019 will keep on running with former BAF formula. Both companies calculate their new BAF quarter-annually. Le Groupe CMA CGM vous informe de la mise en place d'une Surcharge Monétaire (CAF) en Euros sur de nouvelles destinations à compter du 1er avril 2015 pour tous types de conteneurs. Maersk Line has removed the customers' own ability to calculate the carrier's BAF surcharge, which adjusts rates according to the the oil price. Maersk Line announces new Bunker Adjustment Factor (BAF) ... (SBF) and allow customers to simulate and calculate the BAF tariff at any fuel price for a given trade route. Hapag-Lloyd even does it monthly if the oil’s price volatility exceeds $45 per ton. Both companies calculate their new BAF quarter-annually. We will instead use the fuel price index for 0.1% sulphur gasoil with a fixed deduction of 50 USD/ton. Maersk is the only carrier to have given details of its proposed BAF calculation. From 1 st January 2020, the BAF tariff will be calculated using the fuel price for compliant low-sulphur fuel minus the bunker price baseline and multiplied by trade factor. To find the associated basic freight please see here.Other charges such as contingency charges and local charges may also apply. "We fully support the new rules. Kindly note that the BAF quantum for reefer cargo will be 20% higher than that of dry cargo for the same container size, with a minimum of USD25/TEU. Europe & Baltic States. It applies to contracts with validity longer than 3 months. The calculation is made according to the current methodology applied by the Clean Cargo Working Group (CCWG) and is based on the CO₂ data of the shared fleet of Hamburg Süd and Maersk. Maersk is currently using the fuel price for high-sulphur fuel (3.5% sulphur) to calculate the BAF. Our freetime is 7 running days for dry or special containers and 5 running days for reefer containers. It is designed to recover fuel related costs, and will be charged separately from the basic ocean freight as the fuel cost is a very significant part of shipping costs. Local Surcharges, Storage & Demurrage/Detention as from 01.06.2020 (PDF, 80 KB) Local Surcharges, Storage & Demurrage/Detention as from 01.08.2020 (PDF, 80 KB) Local Surcharges, … “Calculations by MDS Transmodal using its online BAF Calculator suggest that a switch from IFO380 to MGO on a benchmark Far East-Europe service using 18,500 TEU ships would increase the bunker cost/TEU by $62 for the headhaul direction and $39 for the backhaul direction. The BAF tariff is designed to recover fuel related costs, and it will be charged separately from the basic ocean freight as the fuel cost is a very significant and volatile part of shipping costs. The new BAF will replace the existing Standard Bunker Factor (SBF) and allow customers to simulate and calculate the BAF tariff at any fuel price for a given trade route. CO₂ Calculator Hamburg Süd’s Carbon footprint calculator gives you the freedom to calculate the carbon footprint of your liner service container (TEU) port-to-port – anytime, anywhere. Due to a lack of clear VLSFO pricing ahead of the new global 0.50% sulfur cap for bunkers, Maersk says it is pricing its IMO2020 grade fuel at a discount of $50/mt to 0.10%S MGO for its BAF calculations. Overview; North Europe; South America East Coast; WCSA / CEAM / Mexico / Caribbean; North America; Oceania; Mediterranean; Asia; Indian Subcontinent and Middle-East The parameters are updated annually at Maersk. This online tool uses a formula developed by Maersk Line to calculate the BAF for any given trade. Since the 7th of December 2016, we indicate our prices as per EU rules. BREXIT – New Safety & Security Declaration. BAF calculation will remain highly complex and individual carriers will have different approaches on how to calculate the surcharge. Author: GRETCHEN PEDERSEN, Category: News Maersk's BAF calculator bases prices on Bunkerworld averages. The BAF tariff is designed to recover fuel related costs, and it will be charged separately from the basic ocean freight as the fuel cost is a very significant and volatile part of shipping costs. Standard Bunker Adjustment Factor (SBF) Tariff levels applicable for Q2 2016 (1 April 2016 to 30 June 2016) From Far East Asia Can You Negotiate Bunker Adjustment Factor Surcharges? The BAF tariff is designed to recover fuel related costs, and it will be charged separately from the basic ocean freight as the fuel cost is a very significant and volatile part of shipping costs. BAF/ECA overview: BAF: Q1 2021 (PDF, 273 KB) ECA: Q1 2021 (PDF, 272 KB) BAF & ECA: Q4 2020 (PDF, 263 KB) BAF: Exceptional update September 2020 (PDF, 253 KB) BAF & ECA: Q3 2020 (PDF, 263 KB) Read more Import. Bundle of measures in fuel price index for 0.1 % sulphur ) to calculate the BAF any... 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