Whereas today ships can use fuel with a sulphur content of 3.5 percent, the new sulphur cap will be 0.5 percent, as the regulations come into force on January 1, 2020. Thursday January 23, 2020. However, from January 1 2020, the BAF tariff will be calculated based on the fuel price for 0.1% sulphur gasoil with a fixed deduction of 50 USD/ton. Accordingly, Maersk will apply the additional monthly trigger defined in its BAF and EFF formulas and the new tariffs will be effective 1 March 2020. IMO 2020 BAF transparent indexing mechanism launched. Maersk Line has maintained that it will mostly rely on low sulphur fuel to meet the 2020 requirements, although it has recently invested in a limited number of scrubbers. It remains unknown whether other liner companies have raised or plan to raise their BAF surcharges. Januar 2020 dürfen Schiffe nur noch Treibstoffe mit einem Schwefelgehalt von maximal 0,5 Prozent verwenden. The BAF surcharge is designed to recover increases in fuel-related costs. Tic. AP Moller – Maersk (Maersk Line) is set to introduce a new Bunker Adjustment Factor (BAF) surcharge to recover parts of its costs to be incurred from fuel-related expenditures while complying with the International Maritime Organisation’s (IMO) 2020 0.5% sulphur cap. Americas Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 July 2020. IMO 2020 Regulation Seri Everest, the first in a series of three 98,000 cbm Very Large Ethane Carriers (VLECs) built at Samsung Heavy Industries Co., Ltd. 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Whereas today ships can use fuel with up to 3.5% sulphur content (outside Emission Control Areas), the new global sulphur cap will be 0.5%. Accordingly, Maersk will apply the additional monthly trigger defined in its BAF and EFF formulas and the new tariffs will be effective 1 March 2020. Der aktuelle Standard sind Treibstoffe mit einer Schwefelobergrenze von 3,5 Prozent. The new BAF surcharge aims at recovering the Maersk Line costs of compliance with the global sulphur cap which enters into force on 1 January 2020. Maersk Baf 2020 Ek 2020, Abib 2020, Volusia 2020...Budget Guingamp 2020, Kamala 2020, Supra 2020 Drivetrain. Maersk joins Hapag-Lloyd in levying low-sulfur surcharge. Keeping up with the European Green Deal (EGD) and MARPOL convention, it aims to reduce the pollution levels globally by … Dis. It will be charged separately from Maersk Line’s freight rate. ‘The 2020 sulphur cap is a game changer for the shipping industry. Accordingly, Maersk will apply the additional monthly trigger defined in its BAF and EFF formulas and the new tariffs will be effective 1 March 2020. Maersk has revealed a new surcharge to be implemented in 2019 that will help in meet new standards for the 2020 sulpher cap. FreightWaves LIVE@HOME Fall 2020; Past events. Maersk Line said it will introduce a new Bunker Adjustment Factor (BAF) surcharge designed to recover costs of compliance with the global 0.5 … It was said that Maersk uses Bunker world’s fuel price index 0.5 percent Sulphur fuel oil (VLSFO) for the BAF and EFF calculation. New Environmental Fuel Fee (EFF) Maersk will adjust its Bunker Adjustment Factor (BAF) based on the price of low sulfur fuels from Jan. 1 for long-term contracts of more than three months. The trade factor is calculated based on actual consumption per loaded container on the trade and the trade factor for Intra-Asia is 0.5. Maersk adds that in 2019 they calculated the BAF using the fuel price for high-sulphur fuel (3.5% sulphur). 1 4 2 minutes read. Good forward planning from Maersk as the first carrier to begin to shed light on their plans for BAF beyond the low-Sulphur "barrier" in 2020. Until further notice, but not beyond 30-04-2020 The above rates are inclusive of Basic Freight Rate (BAS), Bunker Adjustment Factor (SBF), Bunker Adjustment Factor (BAF). Whereas today ships can use fuel with up to 3.5% sulphur content (outside Emission Control Areas), the new global sulphur cap will be 0.5%. Maersk has revealed a new surcharge to be implemented in 2019 that will help in meet new standards for the 2020 sulpher cap. This regulation has been developed and adopted by the International Maritime Organisation (IMO), a specialised agency under … The new BAF will replace the existing Standard Bunker Factor (SBF) and allow customers to simulate and calculate the BAF tariff at any fuel price for a given trade route. JOC Maritime News. Bunker Adjustment Factor (BAF) reviewed and the new tariffs will be effective January 1st 2021 03 Dec 2020 Rate announcements PED for imports into Venezuela Equipment Positioning Service (PED) surcharge for imports into Venezuela (La Guaira and Puerto Cabello) effective Jan 1 2021. Januar 2020 in Kraft tritt. From 1st January 2020, the BAF tariff will be calculated based on the fuel price for 0.1% sulphur gasoil with a fixed deduction of 50 USD/ton. According to industry estimates, more than 90% of the global vessel fleet will be relying on compliant fuels when the sulphur rules step into force on 1 January 2020. 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Introduction of the IMO 2020 and its Impact on the BAF. World’s largest container shipping company Maersk Line is planning to introduce a new fuel adjustment surcharge ahead of the 2020 sulphur cap. Nor take apart an engine room to install an environmentally compliant one. Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week. Anti-pollution and environmental compliance are key concerns in today’s world. Maersk will adjust its bunker adjustment factors (BAF) based on the price of low-sulfur fuels from Jan. 1 for long-term contracts of more than three months. Americas Shipping and Cargo Services Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 October 2020. Local Surcharges, Storage & Demurrage/Detention as from 01.06.2020 (PDF, 80 KB) Local Surcharges, Storage & Demurrage/Detention as from 01.08.2020 (PDF, 80 KB) Local Surcharges, Storage & Demurrage/Detention as from 01.10.2020 (PDF, 180 KB) Rhine Low … © 1996-2020 Maritime Activity Reports, Inc. Sterling tweeted that the cost of compliance will increase. You don’t need to build a vessel around a seal. Tweet Follow @shipandbunker. “The 2020 sulphur cap is a game changer for the shipping industry. Mr Lindegaard also said Maersk was seeking to secure similar bunkering facilities elsewhere. It follows an announcement by Danish giant AP Moller Maersk that it is introducing a new bunker adjustment factor (BAF) surcharge on 1 January 2019, a full year ahead of the global sulphur cap on marine emissions which enters into force on 1 January 2020. Maersk is introducing the Peak Season Surcharge (PSS) for ALL Cargo from West Africa to North American Countries/Central America and Caribbean & West Coast of South America, effective 01st December 2019 for Non-Regulated corridors and 15th December 2019 for Regulated corridors. It will be charged separately from Maersk Line’s freight rate. The shipping giant A.P. Moller - Maersk A/S. The new BAF surcharge aims at recovering the Maersk Line costs of compliance with the global sulphur cap which enters into force on 1 January 2020. From 1st January 2020, the BAF tariff will be calculated based on the fuel price for 0.1% sulphur gasoil with a fixed deduction of 50 USD/ton. The new BAF is a simple, fair and predictable mechanism that ensures clarity for our customers in planning their supply chains for this significant shift.”. According to industry estimates, more than 90% of the global vessel fleet will be relying on compliant fuels when the sulphur rules step into force on 1 January 2020. Maersk preparations to comply are well underway and so are our customers’ efforts to plan ahead. Subscribe to Maritime Reporter Email News. Combining the two factors gives customers full predictability of their costs at any given fuel price both before and after 2020, according to Maersk Line. Share on LinkedIn Share on Twitter. Moller - Maersk A/S. This is expected to lower global shipping’s sulphur emissions, a known source for respiratory disease and acid rain, by more than 80%. "Maersk preparations to comply are well underway and so are our customers' efforts to plan ahead. Maersk Hikes BAF on Rising VLSFO Prices; Maersk Hikes BAF on Rising VLSFO Prices . A new Bunker Adjustment factor (BAF) bill will give customers the opportunity to predict, plan and witness how the changes in fuel prices effects the frequency of shipments. The new BAF surcharge aims at recovering the Maersk Line costs of compliance with the global sulphur cap which enters into force on 1 January 2020. Maersk Adjusts Fuel Surcharge Ahead of 2020 Sulfur Cap By The Maritime Executive 09-17-2018 04:39:32 Maerks Line has announced a new bunker adjustment factor (BAF) surcharge it says will enable customers to predict, plan and track how changes in fuel price impact the shipping freight rate. A partir del 1 de enero de 2020, la tarifa BAF se calculará en función del precio del combustible con 0,1% de azufre. New Bunker Adjustment Factor (BAF) Dear Customer, From 1st January 2020, a new regulation will come into force to reduce air pollution from ships globally. Sealand – A Maersk Company will be implementing a General Rate Increase for all DRY & REEFER cargo from East Coast South America to North Coast South America, Central America, Mexico, Puerto Rico, Caribbean, West Coast South America, United States and Canada effective October 5, 2020 in the following amount: US$ 300 per container We have used Bunkerworld’s fuel price index for 0.5% Sulphur fuel oil (VLSFO) for the BAF calculation, and the average bunker price used is 313.31 USD/TON. It will be charged separately from Maersk Line’s freight rate. We have used Bunkerworld’s fuel price index for 0.5% Sulphur fuel oil (VLSFO) for the BAF calculation, and the average bunker price used is 323.87 USD/TON. They will be a significant benefit to the environment and to human health”, says Vincent Clerc, Chief Commercial Officer, A.P. Maersk Line sagte, es werde einen neuen Zuschlag für den Bunkerzuschlag (Bunker Adjustment Factor, BAF) einführen, um die Einhaltung der globalen Schwefelkappe von 0,5 Prozent zu erreichen, die am 1. Maersk wants to change the fuel adjustment charge before the IMO sulphur 2020 regulations are set in motion. Combining the two factors give customers full predictability of their costs at any given fuel price both before and after 2020. Maersk joins Hapag-Lloyd in levying low-sulfur surcharge Greg Knowler, Senior Europe Editor | Nov 01, 2019 1:37PM EDT. ”We fully support the new regulations, they will be a major benefit to the environment and peoples health. Maerks Line has announced a new bunker adjustment factor (BAF) surcharge it says will enable customers to predict, plan and track how changes in fuel price impact the shipping freight rate. Die so genannte IMO2020 Verordnung ist die erste einer Reihe von Maßnahmen der Internationalen Seeschifffahrtsorganisation (IMO) zur Verringerung der Meeresverschmutzung. In order to offset its predicted US$2Bn in 2020 compliance-related fuel costs, Maersk is adding a Bunker Adjustment Factor (BAF) surcharge onto its clients bills from 1 January 2019. From 1st January 2020, the BAF tariff will be calculated based on the fuel price for 0.1% sulphur gasoil with a fixed deduction of 50 USD/ton. Maersk Line has announced that, from January 2019, it will be implementing a new Bunker Adjustment Factor (BAF) in a move designed to help clients to predict, plan and track how changes in fuel price will impact shipping freight rates with the implementation of … August 28, 2020 Dear Customer, Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 October 2020. New Environmental Fuel Fee (EFF) Effective from 1st December 2019, Maersk will introduce an Environmental Fuel Fee (EFF) on all trades, which will apply to all spot business and contracts with validity up to 3 months. Maersk preparations to comply are well underway and so are our customers’ efforts to plan ahead,’ said Vincent Clerc, Chief Commercial Officer, A.P. The new surcharge considers the average fuel price in key bunkering ports around the world as well as a trade factor that reflects the average fuel consumption on a given trade lane as a result of variables like transit time, fuel efficiency and trade imbalances between head haul and backhaul legs, Maersk Line said. New Environmental Fuel Fee (EFF) Effective from 1st December 2019, Maersk will introduce a Environmental Fuel Fee (EFF) on Carriers do not plan on carrying any of the costs of complying with the IMO 2020 low-sulfur fuel regulations, and will levy a surcharge on spot rates and shorter contracts. CMA CGM joins Maersk, Hapag-Lloyd in low-sulfur surcharge for short-term contracts JOC Maritime News Greg Knowler, Senior Europe Editor | Nov 05, 2019 10:26AM EST The above rates are also subject to other applicable surcharges, including local charges and contingency charges. Maersk Line announces new Bunker Adjustment Factor (BAF) From 1st January 2020, a new regulation will come into force to reduce air pollution from ships globally. Eric Haun is editor of Marine News. He has covered the commercial maritime and... Maersk Line said it will introduce a new Bunker Adjustment Factor (BAF) surcharge designed to recover costs of compliance with the global 0.5 percent sulphur cap set to enter into force on January 1, 2020. Maritime News. The new BAF surcharge aims at recovering the Maersk Line costs of compliance with the global sulfur cap which enters into force on January 1, 2020. The BAF surcharge is designed to recover increases in fuel-related costs. In 2019, we have used the fuel price for high-sulphur fuel (3.5% sulphur) to calculate the BAF. Please … Thus, the company issues a new Environmental Fuel Fee and updates the existing Bunker Adjustment Factor, reports Maersk in their website. Baffled by Maersk’s BAF. The BAF surcharge will be introduced on January 1, 2019, replacing Maersk Line's current Standard Bunker Adjustment Factor (SBF) surcharge. We have used Bunkerworld’s fuel price index for 0.5% Sulphur fuel oil (VLSFO) for the BAF calculation, and the average bunker price used is 313.31 USD/TON. Date Supplier Customer Details 43 more fields 2020-10-09 Baf Premiks Ve Tarim San. The Maersk BAF tariff will be reviewed on a quarterly basis and will be adjusted only when fuel prices change by more than $10/ton. This will also be the case for the Maersk Line fleet, despite a recent investment in a limited number of scrubbers. BAF & ECA: Q4 2020 (PDF, 263 KB) BAF: Exceptional update September 2020 (PDF, 253 KB) BAF & ECA: Q3 2020 (PDF, 263 KB) Read more Import. “We fully support the new rules. The BAF surcharge is designed to recover increases in fuel-related costs. UK-based maritime and freight transport consultancy MDS Transmodal has launched a new BAF calculator tool it hopes will add some transparency to the upcoming hike in fright costs brought about by the new global 0.50% sulfur cap.. Maersk Line is set hike its bunker adjustment factor (BAF) after prices of very low sulphur fuel oil (VLSFO) have soared with the introduction of the IMO 2020 global sulphur cap. Keeping up with the European Green Deal (EGD) and MARPOL convention, it aims to reduce the pollution levels globally by cutting and controlling emissions. October 15, 2019. in Fuels and lubricants. This regulation has been developed and adopted by the International Maritime Organisation (IMO), a specialised agency under the United Nations (UN). The BAF surcharge will be charged separately from the freight rate. With the coming of the IMO 2020, a new regulation has come into force from January 1, 2020. Carriers do not plan on carrying any of the costs of complying with the IMO 2020 low-sulfur fuel regulations, and will levy a surcharge on spot rates and shorter contracts. As explained, the new Bunker Adjustment Factor (BAF) surcharge aims at recovering Maersk Line’s costs of compliance with the global sulphur cap, which mandates the use of fuel with a sulphur content of 0.5% instead of 3.5 %. Maersk declines to comment further on the update to customers, noting that the company is in a silent period ahead of Feb. 20, when it will publish its annual report for 2019. Der dänische Containertransporteur erwartet zusätzliche Treibstoffkosten könnte $ 2 Milliarden überschreiten. The BAF replaces Maersk Line’s current Standard Bunker Adjustment Factor (SBF) surcharge and consists of two key elements; the fuel price which is calculated as the average fuel price in key bunkering ports around the world, and a trade factor that reflects the average fuel consumption on a given trade lane as a result of variables like transit time, fuel efficiency and trade imbalances between head haul and backhaul legs. English Edit: Daniel Logan Berg-Munch. According to industry estimates, more than 90% of the global vessel fleet will be relying on compliant fuels when the sulphur rules step into force on 1 January 2020. by Malcolm Latarche. Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective January 1st 2021.. We have used Bunkerworld’s fuel price index for 0.5% Sulphur fuel oil (VLSFO) for the BAF calculation, and the average bunker price used is 323.87 USD/TON.The details on the period and reference ports used for the calculation can be found in the … Based on expected differences in price between current 3.5% bunker fuel and compliant 0.5% fuel, external sources estimate the additional cost for the global container shipping industry to comply could be up to USD 15 billion. Maersk Line will only charge for the “extra cost of compliance” as the carrier introduces new IMO 2020 low-sulfur fuels in the coming months. The Danish container carrier said it expects its extra fuel costs could exceed $2 billion. The new ‘BAF’ surcharge aims at recovering the Maersk Line costs of compliance with the global sulphur cap which enters into force on 1 January 2020. 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