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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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Recent News

Drewry launches new fuel advisory services for shippers and forwarders

Drewry’s freight cost benchmarking and procurement support division, is pleased to announce the launch of a new range of fuel advisory and management services designed exclusively for shippers and forwarders.

Drewry publishes first low-sulphur BAF reference price

As part of a series of initiatives aimed at bringing greater transparency to fuel costs resulting from the new IMO 2020 low-sulphur regulation, Drewry is pleased to announce the publication of its first low-sulphur reference bunker index tracker.

Recent Projects

Market entry strategy for digital 'procure-to-pay' solution

Mastercard wanted to evaluate the readiness of the container freight industry to adopt a value proposition for procure-to-pay automation that would incorporate core Mastercard benefits such as payment guarantees.

e-sourcing global ocean tender management solution: e-SOFS

Drewry Supply Chain Advisors was selected to manage the 2016 global ocean tender for a US-headquartered global producer of technology products combining procurement best practices, the latest technology and freight cost benchmarks in Drewry’s e-Sourcing Ocean Freight Solution (eSOFS).
The first company to provide detailed and regular slow-steaming analysis for the container industry (Container Forecaster)
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 2 million teu of freight for more than $2.3bn of freight spend.
We were the first to publish benchmark container spot market freight rates in 2006.