Industry News

BAF/EFAF INCREASE - USA SOUTHBOUND BUNKER INCREASE 1ST APRIL 2017

Attachments: With this article are the following attachments

Attachment title here...

***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 2017.

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 2017 (Cargo Received Date):

per 20' Container - Current Level = USD 404.00. NEW Level = USD 485.00

per 40' Container - Current Level = USD 808.00. NEW Level = USD 970.00

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. 

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.