0
Bunker adjustment factor or BAF refers to floating part of sea freight charges which represents additions due to oil prices. BAF charges used to be determined by Carrier Conferences to be applicable for a certain period on a certain trade route. The European Commission banned Carrier Conferences as of October 17th 2008. The shipping lines now set their own independent BAF rates. They will be closely monitored by the EC to ensure that no collusion is taking place. The recent fluctuations in oil price (2008) means that the BAF rates are now coming down, but there are some wide variations in application.
What else can I help you with?
How is the bunker adjustment in international trade calculated?
The Bunker Adjustment Factor (BAF), also known as the Currency and Bunker Adjustment Factor (CABAF - sea freight), is applied by shipping lines or liner conferences to offset the effect of fluctuations in the cost of bunkers (oil). Here is the best Web site to visit for a complete explanation of BAF calculations: http://www.export911.com/e911/ship/w_or_m.htm
What is BAF?
BAF is a Bunker Adjustment Factor applied ot imported goods, to allow for flcutuations in fuel surcharges.
What are the different type of shipping line charges?
Some common types of shipping line charges include freight charges, bunker adjustment factor (BAF), currency adjustment factor (CAF), port charges, terminal handling charges (THC), and documentation fees. These charges vary depending on the shipping line and the specific details of the shipment.
What does FAF charge mean?
FAF = Fuel Adjustment Factor
What is Currency Adjustment Factor?
A freight surcharge or adjustment factor imposed by an international carrier to offset foreign currency fluctuations. In some cases an emergency currency adjustment factor (ECAF) may be applied when a charge or rate has been originally published in a currency that is experiencing sustained or rapid decline. The CAF is charged as a percentage of the freight.
What is currency adjustment?
A freight surcharge or adjustment factor imposed by an international carrier to offset foreign currency fluctuations. In some cases an emergency currency adjustment factor (ECAF) may be applied when a charge or rate has been originally published in a currency that is experiencing sustained or rapid decline. The CAF is charged as a percentage of the freight.
The physician fee schedule is updated each April 15 and is composed of:?
relative value units (RVUs)2) a geographic adjustment factor to adjust for regional variations in the cost of operating a health care facility3) national conversion factor
What has the author Marie Klein written?
Marie Klein has written: 'Attitude of society as a complicating factor in the adjustment of the epileptic'
Another name for a sand trap in golf is?
A bunker, although some call it a sand trap.
What nicknames does Matt Bunker go by?
Matt Bunker goes by Bunker.
Where is the Bunker Library in Bunker located?
The address of the Bunker Library is: 203 Main St, Bunker, 63629 M
Which variable factor must be recorded for correct adjustment and calibration of a machine with an inline flow meter and temperature gauge?
Temperature
