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Supply Chain Advisors

Service Expertise

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.

 

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.

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

 

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Recent News

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Recent Projects

Standardised KPI / QBR program implementation

Feb 21: A global food manufacturer was seeking to create a central contract management business unit, and standardise logistics contracts and logistic service provider management (LSP) in Northern Europe, initially across 8 LSPs.

Assisting with identifying Carrier KPI’s and target setting

Feb 21: The client contacted Drewry for advice regarding which KPIs and target values to set their shipping line providers as part of the RFP process.
Working with 5 of the top 10 global retailers (Dec 2020 - National Retail Federation)
The first independent consultancy to publish liner schedule reliability rankings in 2005
Access to an exclusive ocean freight cost benchmarking club comparing costs on over 14 million teu of freight for more than US$ 27bn of freight spend.
We were the first to publish benchmark container spot market freight rates in 2006.