APL Asia-Oceania Market – Bunker Adjustment Factor (BAF) Update - Effective 1 July 2019

4/6/2019

To our Valued Customers,

APL have advised us that effective from 1st July 2019, they will be implementing a change to the Bunker Adjustment Factor (BAF).

The details are as follows:

 

Origin: Central China, North China, Hong Kong, Indian Subcontinent, Middle East Gulf, Northeast Asia, Red Sea, Russia Far East, Southeast Asia

Destination: Australia, New Zealand

 

Equipment Type               Currency              20ST       40ST       40HC

Dry                                      USD                     225         450         450

Reefer                                  USD                     270         540         540

Special Equipment -               USD                     225         450           -

Open Top/Flat Rack/

Tank

 

Origin: Australia, New Zealand

Destination: Central China, North China, Hong Kong, Indian Subcontinent, Middle East Gulf, Northeast, Asia, Red Sea, Russia Far East, Southeast Asia

 

Equipment Type               Currency              20ST       40ST       40HC

Dry                                      USD                      75           150         150

Reefer                                  USD                      90           180         180

Special Equipment -               USD                      75           150           -

Open Top/Flat Rack/

Tank

 

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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