FEFC announces new BAF for July

Wed 11 Jun 2008, 11:59 GMT

FEFC announces new BAF for July

Bunker Adjustment Factor to change from next month for member lines.

The Far Eastern Freight Conference (FEFC) have announced the following changes to the Bunker Adjustment Factor from July 2008.

To/From Mediterranean and West Coast European Region:
The BAF applicable for the month of July 2008 will be USD 610.00 per TEU/USD 30.50 W/M LCL.

To/From the UK, North West Continent, Scandinavia and Baltic Sea Region:
The BAF applicable for the month of July 2008 will be USD 610.00 per TEU/USD 30.50 W/M LCL plus additional USD 11.00 per TEU/USD 0.55 W/M Low Sulphur Fuel Surcharge.

There are currently 17 member lines of the FEFC. They include ANL Container Lines Pty Ltd, CMA CGM SA, APL Co Pte Ltd., Hapag-Lloyd AG, Maersk Line and MSC - Mediterranean Shipping Co. SA.

CMA CGM Hapag-Lloyd Maersk


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		Hapag-Lloyd signs shore power agreement with Hamburg Port Authority Deal commits the carrier to using onshore power supply at all Hamburg terminals.

		KPI OceanConnect reports 21% rise in pre-tax earnings for 2025/26 Marine fuel firm delivers 13 million tonnes and expands carbon markets capabilities amid geopolitical turbulence.

		VTTI Dalian completes first large-scale 'green methanol' vessel loading Cargo to be supplied as marine fuel in Shanghai.

		Oilmar appoints Steff Tan as marine fuels trader in Singapore New hire's background spans bunker operations, logistics, commercial trading, marketing, and business development.

		Cosco Shipping adds methanol-ready bulk carrier Feng Da Hai to fleet The 64,000-tonne vessel is equipped with a methanol fuel system for future low-carbon operations.

		Oilmar welcomes summer intern to Dubai branch Arpit Aryan will rotate across the bunker fuel trading, finance and operations departments.

		Oilmar takes on trading and finance intern in Dubai New intern to rotate across trading, operations and finance teams.

		Seaspan and Maersk deepen fleet efficiency collaboration with $75m upgrade programme Retrofit package for four 13,000-teu vessels includes installation of shaft generator to reduce auxiliary engine fuel consumption.

		EU Parliament vote on soy biofuels could expose bloc to $5.6bn a year in trade sanctions MEPs reject regulation that would have phased out soy biofuels, risking WTO retaliation penalties.