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.

For some months now Drewry has been publishing a Bunker Adjustment Factor reference price based on low-sulphur fuel and in line with its new, independent BAF indexing mechanism.