APL Asia-Middle East/ Asia-Red Sea/ Asia-Indian Subcontinent Market – Bunker Adjustment Factor (BAF) Update - Effective 1 July 2019

4/6/2019

To our Valued Customers,

 

APL have advised that they will be applying a Bunker Adjustment Factor (BAF), effective from 1st July 2019. This will be as follows:

 

Asia to Middle East/ Red Sea/ Indian Subcontinent

Dry USD212 20ST, Reefer USD254 20ST

Dry USD424 40ST, Reefer USD509 40ST

Dry USD424 40HC, reefer USD509 40HC

Dry USD537 45HC

 

Middle East/ Red Sea/ Indian Subcontinent to Asia

Dry USD27 20ST, Reefer USD32 20ST

Dry USD54 40ST, Reefer USD65 40ST

Dry USD54 40HC, reefer USD65 40HC

Dry USD6945HC

 

Middle East/ Red Sea/ Indian Subcontinent to Middle East/ Red Sea/ Indian Subcontinent

Dry USD63 20ST, Reefer USD76 20ST

Dry USD126 40ST, Reefer USD151 40ST

Dry USD126 40HC, reefer USD151 40HC

Dry USD160 45HC

 

IFO 380 remains the reference fuel oil for APL’s 2019 Q3 BAF computation. To stay compliant with the International Maritime Organisation’s more stringent Sulphur content requirement coming into effect 1st January 2020, APL will start bunkering with the new Low Sulphur Fuel Oil (LSFO) 0.5% from 2019 Q4 onwards. Corresponding adjustments to the reference fuel and applicable index will accordingly be determined and announced in due course.

 

Feel free to contact your BRi Customer Solutions Representative, should you have any further queries or concerns in relation to this matter.

 

Keeping you updated

BRi Customer Solutions Team

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