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 its 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:
To be confident of achieving the best terms of service and value for money - as well as access to latest market data - shippers need a robust plan that covers the entire process from initial pre-RFQ to bunker program implementation, review and monitoring.
Working with 3 of the top 10 global retailers (National Retail Federation)
Access to an exclusive ocean freight cost benchmarking club comparing costs on over 14 million teu of freight
The first to publish benchmark container spot market freight rates back in 2006.
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