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Supply Chain Advisors

Service Expertise

Drewry Standard BAF Policy

Implement our Standard BAF Policy, align the BAF charges for all your providers and reduce your exposure to excessive unilateral increases in fuel charges.

The Drewry Standard BAF Policy is an industry standard, accepted by the major ocean carriers and adopted by a number of our BCO clients. We provide a clear policy document, tailored to your company and trade lanes, which can be communicated to your Logistic Service Providers (LSPs) prior to bid. 

 

Adopting our standard BAF Policy provides a number of benefits: 

  • Less complexity: Align and standardise your BAF charges for all carrier/providers. Only one amount charged for a given lane and container size
  • Simplify invoicing and auditing
  • Greater transparency through generally accepted fuel charges
  • Incorporates Drewry’s up to date view on new fuel types and the impact of Carbon Taxes
  • Request the use of your standard BAF policy as a pre-condition to bid for your business

Key Features of a BAF Policy:

  • A transparent bunker program policy bespoke to your company, to communicate to providers ahead of launching your next bid event.
  • Drewry fuel trade coefficients by lane and by equipment type, for FCL, for all existing
  • A BAF adjustment schedule with recommended lead times to fit with your contract
  • Ongoing support of Drewry consultants to answer providers’ questions
  • Additional option of Drewry maintaining the BAF policy for the duration of your annual contract

As well as having timely access to robust market data, to be confident of achieving the best terms of service and value for money, shippers need to adopt the right approach to prepare for, plan and manage the entire process from initial pre-RFQ to bunker program implementation, review and monitoring.

 


Transportation Manager, Global Paper and Pulp Manufacturer

"Drewry provided the market intelligence needed to take-on the complexities and uncertainty in BCO management of today’s marine fuel issues..."

 

Senior Procurement Manager, International Provider of Office Supplies

"Our partnership with Drewry equipped us with the necessary resources to customize a regular bunker management program which we have successfully implemented across our carrier portfolio."
 

 

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Key Contacts

Chantal McRoberts

Chantal McRoberts

Head of Advisory, Drewry Supply Chain Advisors

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