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. BREXIT – New Safety & Security Declaration. "We fully support the new rules. 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. Can You Negotiate Bunker Adjustment Factor Surcharges? BAF. 2020-12-02. 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. 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). Surcharge Monétaire (CAF) - mise à jour. Existing 2018 contracts with BAF VATOS still valid during Q1 2019 will keep on running with former BAF formula. Author: GRETCHEN PEDERSEN, Category: News SUBSCRIPTION REQUIRED To read this news article you need a subscription to Bunkerworld which includes the News Module . 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. 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. Maersk's BAF calculator bases prices on Bunkerworld averages. “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. For North Europe and West Africa corridors, Antwerp price level is used. Both are kind of a floating BAF, depending on the oil price, so that shippers have a certain price security for their transportations. 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. Standard Bunker Adjustment Factor (SBF) Tariff levels applicable for Q2 2016 (1 April 2016 to 30 June 2016) From Far East Asia 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). 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. Maersk introduces new fuel surcharge formula Maersk Line said Monday it is introducing a new method for calculating fuel surcharges. Hapag-Lloyd even does it monthly if the oil's price volatility exceeds $ 45 per ton. Both companies calculate their new BAF quarter-annually. This new BAF will only be applicable for Long Term contracts (more than 3 months validity). Our freetime is 7 running days for dry or special containers and 5 running days for reefer containers. In 2019, we have used the fuel price for high-sulphur fuel (3.5% sulphur) to calculate the BAF. It applies to contracts with validity longer than 3 months. Less transparent, according to industry observers. However, the dollar amount for surcharges is typically a small fraction of the total cost of shipping dollars. We have used Bunkerworld’s fuel price . Maersk is currently using the fuel price for high-sulphur fuel (3.5% sulphur) to calculate the BAF. Hapag-Lloyd even does it monthly if the oil’s price volatility exceeds $45 per ton. 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. This online tool uses a formula developed by Maersk Line to calculate the BAF for any given trade. 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. to simulate and calculate the BAF tariff at any fuel price. BAF-Guidelines; Bunker Adjustment Factor (BAF) Guidelines; Scale 12/2020 Scale 01/2021 History; Bunker Charge More Transparency. BAF calculation will remain highly complex and individual carriers will have different approaches on how to calculate the surcharge. The parameters are updated annually at Maersk. Europe & Baltic States. BAF to be applied on top of freight. More accurate, says Jacob Sterling, head of Product and Charge Management at Maersk Line. 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. In 2019, we have used the changes in fuel price for high-sulphur fuel (IFO380) to calculate the BAF. One important aspect is the continuous optimisation of all processes, most importantly by the use of intelligent software systems. This new BAF formula will be applicable only on all contracts/quotations with at least 3-month validity starting as from January 1st, 2019. 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. BUNKER PRICE/TON. 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. To find the associated basic freight please see here.Other charges such as contingency charges and local charges may also apply. The parameters are updated annually at Maersk. 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 user simply selects the load and discharge country and the container type. Global shipping company, Maersk Line has introduced a new formula for its floating bunker adjustment fee (BAF). 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. 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. 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. The BAF Calculator then works out the bunker charge in USD per unit for each container type. Both are kind of a floating BAF, depending on the oil price, so that shippers have a certain price security for their transportations. Ces contrats seront soumis à l'EBS . 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. Get more information here. 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, … Overview; North Europe; South America East Coast; WCSA / CEAM / Mexico / Caribbean; North America; Oceania; Mediterranean; Asia; Indian Subcontinent and Middle-East 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. We will instead use the fuel price index for 0.1% sulphur gasoil with a fixed deduction of 50 USD/ton. For more information, click to view APL’s IMO 2020 video. Unfortunately, these surcharges cannot be negotiated. Maersk Line has removed the customers' own ability to calculate the carrier's BAF surcharge, which adjusts rates according to the the oil price. 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. Bunker Adjustment Factor (BAF) - Q1 2021. 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 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. TRADE DRIVER = x: Bunker Price /ton : This is an average price of IFO 380 fuel based on the key bunker supplying ports . Dear customer, Hamburg Süd would like to inform you about the revision of our Bunker Adjustment Factor (BAF) Surcharge for Q1 2021 . La BAF ne sera pas applicable aux contrats/cotations spot et court terme d'une validité inférieure à 3 mois. 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. However, the calculation formulas proposed by carriers have so far failed to provide sufficient information to put concerns to rest. Freetime - DEEP SEA. Contargo makes continual efforts to keep costs low by implementing a whole bundle of measures. For Black Sea and Mediterranean trade corridors, this will be the average of Istanbul and Piraeus rates. the time we need to calculate BAF and EFF (based on all sources investigated so far). Maersk is the only carrier to have given details of its proposed BAF calculation. 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