Maersk adjusts BAF charges

published: cw 12, 2006 in Logistics & Shipping

MAERSK Line has announced that starting April 1, the bunker adjustment factor (BAF) charge for all cargo movements from Israel to Hong Kong/China will be adjusted to US$120 per TEU.

The carrier had previously announced that the charge for all cargo moving from Europe, excluding Israel, to Hong Kong and China would be increased to US$270 per TEU from the same date.

Source: China Shipping Gazette