Americas Shipping and Cargo Services Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 October 2020. EXAMPLES only of BAF tariffs (USD/FFE) for standard (dry) containers at different fuel prices (USD/ton), for selected trades: Maersk to change fuel adjustment surcharge ahead of the 2020 sulphur cap, Panama-flagged cargo ship capsizes off Vietnam, 15 sailors missing, Saudi ports record 13.7% hike in containers, Eagle Bulk Shipping acquires modern Ultramax, Great Lakes Towing Christens New Tug Pair, Port of Corpus Christi finalizes lease, pipeline deals with Bluewater Texas crude export project, Shearwater signs $437 million refinancing of main debt facilities. New Environmental Fuel Fee (EFF) Effective from 1st December 2019, Maersk will introduce an Environmental Fuel Fee (EFF) on all trades, which will apply to all spot business and contracts with validity up to 3 months. Maersk will adjust its bunker adjustment factors (BAF) based on the price of low-sulfur fuels from Jan. 1 for long-term contracts of more than three months.For spot business and shorter contracts of less than three months, it is introducing on Dec. 1 an environmental fuel fee (EFF), a mechanism designed to recover the extra costs of the more expensive IMO 2020-compliant fuel. Maritime News. Whereas today ships can use fuel with a sulphur content of 3.5 percent, the new sulphur cap will be 0.5 percent, as the regulations come into force on January 1, 2020. Combining the two factors give customers full predictability of their costs at any given fuel price both before and after 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. AP Moller – Maersk (Maersk Line) is set to introduce a new Bunker Adjustment Factor (BAF) surcharge to recover parts of its costs to be incurred from fuel-related expenditures while complying with the International Maritime Organisation’s (IMO) 2020 0.5% sulphur cap. Shipowners' scrubber bet pays off in start of 2020. The new BAF surcharge aims at recovering the Maersk Line costs of compliance with the global sulphur cap which enters into force on 1 January 2020. The new ‘BAF’ surcharge aims at recovering the Maersk Line costs of compliance with the global sulphur cap which enters into force on 1 January 2020. "The 2020 sulphur cap is a game changer for the shipping industry,” said Vincent Clerc, chief commercial officer, A.P. Der aktuelle Standard sind Treibstoffe mit einer Schwefelobergrenze von 3,5 Prozent. Splash September 21, 2018. CMA CGM joins Maersk, Hapag-Lloyd in low-sulfur surcharge for short-term contracts JOC Maritime News Greg Knowler, Senior Europe Editor | Nov 05, 2019 10:26AM EST From 1st 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. Tic. Thus, the company issues a new Environmental Fuel Fee and updates the existing Bunker Adjustment Factor, reports Maersk in their website. It remains unknown whether other liner companies have raised or plan to raise their BAF surcharges. Die so genannte IMO2020 Verordnung ist die erste einer Reihe von Maßnahmen der Internationalen Seeschifffahrtsorganisation (IMO) zur Verringerung der Meeresverschmutzung. Eric Haun is editor of Marine News. Maersk Line announces new Bunker Adjustment Factor (BAF) From 1st January 2020, a new regulation will come into force to reduce air pollution from ships globally. The new BAF surcharge aims at recovering the Maersk Line costs of compliance with the global sulfur cap which enters into force on January 1, 2020. UK-based maritime and freight transport consultancy MDS Transmodal has launched a new BAF calculator tool it hopes will add some transparency to the upcoming hike in fright costs brought about by the new global 0.50% sulfur cap.. Sealand – A Maersk Company will be implementing a General Rate Increase for all DRY & REEFER cargo from East Coast South America to North Coast South America, Central America, Mexico, Puerto Rico, Caribbean, West Coast South America, United States and Canada effective October 5, 2020 in the following amount: US$ 300 per container The shipping giant A.P. From 1st 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. Maersk will adjust its Bunker Adjustment Factor (BAF) based on the price of low sulfur fuels from Jan. 1 for long-term contracts of more than three months. 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. Share on LinkedIn Share on Twitter. 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. Sterling tweeted that the cost of compliance will increase. Der dänische Containertransporteur erwartet zusätzliche Treibstoffkosten könnte $ 2 Milliarden überschreiten. 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 preparations to comply are well underway and so are our customers’ efforts to plan ahead. BAF = Fuel Price x Trade Factor The fuel price to be used will be based on high sulphur fuel (IFO 380) in 2019 and will be switched to 0.5% LSFO from 1 January 2020. The new surcharge considers the average fuel price in key bunkering ports around the world as well as a trade factor that reflects the average fuel consumption on a given trade lane as a result of variables like transit time, fuel efficiency and trade imbalances between head haul and backhaul legs, Maersk Line said. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective January 1st 2021.. 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 323.87 USD/TON.The details on the period and reference ports used for the calculation can be found in the … The BAF replaces Maersk Line’s current Standard Bunker Adjustment Factor (SBF) surcharge and consists of two key elements; the fuel price which is calculated as the average fuel price in key bunkering ports around the world, and a trade factor that reflects the average fuel consumption on a given trade lane as a result of variables like transit time, fuel efficiency and trade imbalances between head haul and backhaul legs. It will be charged separately from Maersk Line’s freight rate. To allow customers to familiarise with the changed formula, Maersk Line’s BAF surcharge will be introduced on 1 January 2019. 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. “The 2020 sulphur cap is a game changer for the shipping industry. IMO 2020 BAF transparent indexing mechanism launched. It follows an announcement by Danish giant AP Moller Maersk that it is introducing a new bunker adjustment factor (BAF) surcharge on 1 January 2019, a full year ahead of the global sulphur cap on marine emissions which enters into force on 1 January 2020. 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. Maersk joins Hapag-Lloyd in levying low-sulfur surcharge Greg Knowler, Senior Europe Editor | Nov 01, 2019 1:37PM EDT. Moller - Maersk A/S. As explained, the new Bunker Adjustment Factor (BAF) surcharge aims at recovering Maersk Line’s costs of compliance with the global sulphur cap, which mandates the use of fuel with a sulphur content of 0.5% instead of 3.5 %. The BAF surcharge will be charged separately from the freight rate. 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. 03 December 2020 Americas Refrigerated Cargo Dry Cargo Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective January 1st 2021. Maersk to change Bunker Adjustment Factor for IMO 2020 sulfur regulation Maerks Line has announced a new surcharge for the bunker adjustment factor (BAF) which says it will allow customers to predict, plan and track how changes in fuel prices affect the shipping freight rate. Maersk Line is set hike its bunker adjustment factor (BAF) after prices of very low sulphur fuel oil (VLSFO) have soared with the introduction of the IMO 2020 global sulphur cap. 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. ”We fully support the new regulations, they will be a major benefit to the environment and peoples health. The Danish container carrier said it expects its extra fuel costs could exceed $2 billion. It will be charged separately from Maersk Line’s freight rate. Maersk uses Bunkerworld’s fuel price index 0.5% Sulphur fuel oil (VLSFO) for the BAF and EFF calculation. The BAF surcharge is designed to recover increases in fuel-related costs. Maersk Line expects its extra fuel costs could exceed USD 2 billion. Americas Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. With the coming of the IMO 2020, a new regulation has come into force from January 1, 2020. The above rates are also subject to other applicable surcharges, including local charges and contingency charges. January 2020 the BAF tariff will be based in the fuel price for compliant low-sulphur fuel. The BAF surcharge is designed to recover increases in fuel-related costs. Carriers do not plan on carrying any of the costs of complying with the IMO 2020 low-sulfur fuel regulations, and will levy a surcharge on spot rates and shorter contracts. New Bunker Adjustment Factor (BAF) surcharge enables customers to predict, plan and track how changes in fuel price impact the shipping freight rate. The above surcharge acronyms mean: OF (Ocean Freight), OHC (Origin Terminal Handling Charge), DHC (Destination Terminal Handling Charge), ERS (Emergency Risk Surcharge), BAF (Bunker Adjustment Factor), LSS (Low Sulphur Surcharge) and PSS (Peak Season … © 1996-2020 Maritime Activity Reports, Inc. Bunker Adjustment Factor (BAF) reviewed and the new tariffs will be effective January 1st 2021 03 Dec 2020 Rate announcements PED for imports into Venezuela Equipment Positioning Service (PED) surcharge for imports into Venezuela (La Guaira and Puerto Cabello) effective Jan 1 2021. It follows an announcement by Danish giant AP Moller Maersk that it is introducing a new bunker adjustment factor (BAF) surcharge on 1 January 2019, a full year ahead of the global sulphur cap on marine emissions which enters into force on 1 January 2020. 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, Storage & Demurrage/Detention as from 01.10.2020 (PDF, 180 KB) Rhine Low … English Edit: Daniel Logan Berg-Munch. "Maersk will therefore introduce an Environmental Fuel Fee (EFF) for … Subscribe to Maritime Reporter Email News. Mr Lindegaard also said Maersk was seeking to secure similar bunkering facilities elsewhere. 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. Anti-pollution and environmental compliance are key concerns in today’s world. 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 … Dis. 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%. Tweet Follow @shipandbunker. From 1st 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. This will also be the case for the Maersk Line fleet, despite a recent investment in a limited number of scrubbers. However, from January 1 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. “We fully support the new rules. Moller - Maersk A/S. They will be a significant benefit to the environment and to human health”, says Vincent Clerc, Chief Commercial Officer, A.P. Januar 2020 in Kraft tritt. Based on expected differences in price between current 3.5% bunker fuel and compliant 0.5% fuel, external sources estimate the additional cost for the global container shipping industry to comply could be up to USD 15 billion. This regulation has been developed and adopted by the International Maritime Organisation (IMO), a specialised agency under the United Nations (UN). Good forward planning from Maersk as the first carrier to begin to shed light on their plans for BAF beyond the low-Sulphur "barrier" in 2020. 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