BAF/EFAF INCREASE - USA SOUTHBOUND BUNKER INCREASE 1ST APRIL 2018
Attachments: With this article are the following attachments
***BAF / EFAF INCREASE***
Please be advised that the Ocean Carriers operating the United States & Canada Southbound Services to Australia & New Zealand have announced an Increase in the Bunker Surcharge (BAF) effective from 1st April 2018.
Attached is an example of this notification from Hamburg Sud and follows increases that came into effect in January.
According to the notification, the BAF will increase as below:
Effective - 1st April 2018 (Cargo Received Date):
per 20' Container - Current Level = USD 522.00. NEW Level = USD 560.00
per 40' Container - Current Level = USD 1044.00 NEW Level = USD 1120.00
As we have done previously, TCF and our overseas partners will contrinue to monitor the market situation closely regarding current BAF Surcharges and will advise any adjustments following the next review period.
In addition to the BAF increase, they have also confirmed an increase in the Emission Control Area (ECA) Surcharge, whcih will also increase from USD 16.00 per teu to USD 20.00 per teu also from 1st April 2018.
We appreciate your support and if you have any question or require further information regarding this matter, please do not hesitate to contact your local Sales or Customer Service representative.