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Supply Chain Advisors

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Low-sulphur Bunker Price Tracker

We’ve introduced a simple, clear indexing mechanism to help determine changes in the BAF charges during the lifetime of a contract.

Our new low-sulphur bunker price tracker is intended to standardise, clarify and simplify the adjustment of Bunker Adjustment Factors (BAFs) between shippers and carriers or forwarders. By streamlining the process and agreeing common bunker price measurement periods, BAF adjustment periods, fuel prices and index formulae, we hope to bring much needed clarity to challenges the regulatory change presents.

 

Drewry has now published its first Bunker Adjustment Factor reference price based on low-sulphur fuel and in line with its new, independent BAF indexing mechanism.

To better understand your BAF fuel costs following the IMO low-sulphur regulatory change, contact us:

 

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