Rate announcements

Bunker Adjustment Factor (BAF)

09 March 2023
Asia Pacific Europe Latin America North America India Middle East and Africa

Maersk has reviewed its Bunker Adjustment Factor (BAF) and the new tariffs will be effective 01 April 2023.

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 608,30 USD/TON. The details on the period used for the calculation can be found in the table below:

BAF Review Period
From 		Review Period
To 		Effective Date Fuel Type Average (In USD per ton)
BAF
Latest Rate Average
Review Period
From
26 Nov
Review Period
To
25 Feb
Effective Date
01-Apr-23
Fuel Type
VLSFO (0,5%S)
Average (In USD per ton)
608,30
BAF
Latest Rate Average
Review Period
From
26 Aug
Review Period
To
25 Nov
Effective Date
01-Jan-23
Fuel Type
VLSFO (0,5%S)
Average (In USD per ton)
681,72

The BAF will be applicable to all contracts with validity longer than one month and the tariff values can be found in the tables on the following pages.

Feel free to reach out to your sales representative if you have any questions.

BAF tariff values applicable from 01 April 2023 will be as follows:

Rate of exchange used to retrieve BAF in different currencies is:
1 USD = 0.9364EUR // 1 USD = 0.82245GBP // 1 USD =1.45751AUD // 1 USD = 1.57521NZD

Related articles

See all news
Expert opinion 5 key points to transform your logistics in Latin America
07 Dec 2023
Advisories DP World Australia Industrial Action
07 Dec 2023
Rate announcements Israel Imports - Emergency Risk Surcharge Implementation
07 Dec 2023
Advisories Niledutch Breda 344E - Partial discharge
07 Dec 2023
Advisories Notice for change in invoice lead time and alignment on rate of exchange
07 Dec 2023
Rate announcements Revision of Storage & Combined Detention import and Demurrage and Detention export – Ireland
06 Dec 2023
News Maersk Europe Market Update (December 2023)
06 Dec 2023
Expert opinion 7 new regulations impacting European supply chains in 2024
06 Dec 2023
Advisories Direct Port Calls at Wellington Suspended after Takutai Chief 0128/0129
06 Dec 2023
Rate announcements Export & Import Intermodal Fuel Fee - (EFS & IFS) - Lesotho, South Africa, Botswana, Swaziland to/from World
06 Dec 2023
Press releases Nestlé cuts ocean transport emissions with Maersk’s ECO Delivery solution by over 80%
06 Dec 2023
Advisories OC1 – Maersk Willemstadt 344S/349N Advancement at Sydney
06 Dec 2023

Anything you need, we’re here to help

Solutions

Logistics solutions

We meet customer needs from one end of the supply chain to the other.
Solutions
Headset

Contact us

Our dedicated team of experts are here for you.
Contact us
Find Prices

Ready to ship?

Look up rates for new shipments and inland tariffs.
Find a priceBook now
Stay informed
Sign up for news and insights
Stay ahead of the curve with valuable supply chain trends sent directly to your inbox

By submitting this form, I agree to receive logistics related news and marketing updates from A. P. Moller-Maersk and its affiliated companies via e-mail. I understand that I can opt out of such Maersk communications at any time. To see how we process your personal data, please see our Privacy Notification.

Thank you for signing up
You have now signed up for newsletters. You will shortly receive an email which will explain how to set your newsletter preferences.
Subscribed
You can unsubscribe anytime.