Advisories

bunker-adjustment-factor-surcharge

1 March 2023
Africa Asia Pacific Europe Latin America North America West Central Asia

01 April 2023

Dear Valued Customer,

Hamburg Süd would like to inform you about the revision of our Bunker Adjustment Factor (BAF) for 01 April 2023

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 608,30 USD/TON. The details on the period used for the calculation can be found in the table below.

BAF Review Period From Date Review Period To Date Effective Date Fuel Type Average (In USD per ton)
BAF
Latest Rate Average
Review Period From Date

26 Nov
Review Period To Date

25 Feb
Effective Date
01-Apr-23
Fuel Type
VLSFO (0,5%S)
Average (In USD per ton)
608,30
BAF
Previous Rate Average
Review Period From Date

26 Aug
Review Period To Date

25 Nov
Effective Date
01-Jan-23
Fuel Type
VLSFO (0,5%S)
Average (In USD per ton)
681,72

Effective 01 April 2023, the Bunker Adjustment Factor (BAF) Surcharge will be as follows:

Rate of exchange used to retrieve BAF in different currencies is:
1 USD = 0.9364EUR // 1 USD = 0.82245GBP // 1 USD =1.45751AUD // 1 USD = 1.57521NZD

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