CHANGE IN BUNKER ADJUSTMENT FACTOR (BAF) FOR NORTHBOUND CARGO

CHANGE IN BUNKER ADJUSTMENT FACTOR (BAF)

FOR NORTHBOUND CARGO

FROM PAPUA NEW GUINEA & SOLOMON ISLANDS TO ASIA

 

As a result of a fluctuation in the price of oil, Swire Shipping has revised the Bunker Adjustment Factor (BAF) being charged for all Northbound cargo from Papua New Guinea and Solomon Islands to Asia. The new BAF charges will be as follows:

 

USD $660 / TEU

 

USD $1320 / FEU

 

USD $36.00 / RT (Break-bulk / LCL)

 

The new BAF charges will be implemented from the following vessels:

Ex PNG - Tasman Campaigner V.1124N (ETA Lae 17th October 2011)

Ex Solomon Islands - Coral Islander V.0053N (ETA Honiara 6th October 2011, ETA Noro 7th October 2011)

Swire Shipping will review the BAF on this trade lane monthly, tracking it on the Platts IFO380 market price and reduce or increase our BAF accordingly.

 

For further information please do not hesitate to contact your local Swire Shipping representative.

Swire Shipping
Sydney
www.swireshipping.com