Europe's fourth-largest container shipping line,
Hapag-Lloyd AG, has announced that from April 30 it will be increasing the bunker adjustment factor (BAF) applicable for all containerised shipments from North East Asia to Australia by 25 percent.
The revised BAF will be USD 125 per twenty-foot equivalent unit (TEU), up from the USD 100 per TEU announced on March 2 (effective from April 2).
North East Asia comprises Japan, Korea, China, Hong Kong and Taiwan.
The USD 25 rise follows a sustained period of decreases since July, which saw the fee fall from USD 325 to USD 100.
On June 18 (effective July 18), Hapag-Lloyd accounced a surcharge increase of USD 25, from USD 300 to USD 325. Since then, only surcharge cuts have been implemented... until today.
Surcharge changes since January 2015
January 14, 2015 (effective February 14) - USD 300 per TEU
February 6, 2015 (effective March 7) - USD 250 per TEU
March 12, 2015 (effective April 11) - USD 275 per TEU
May 28, 2015 (effective June 27) - USD 300 per TEU
June 18, 2015 (effective July 18) - USD 325 per TEU
July 27, 2015 (effective from August 24) - USD 300 per TEU
August 14, 2015 (effective from September 12) - USD 275 per TEU
September 3, 2015 (effective from October 3) - USD 225 per TEU
September 25, 2015 (effective from October 24) - USD 200 per TEU
December 28, 2015 (effective from January 24) - USD 175 per TEU
January 13, 2016 (effective from February 13) - USD 150 per TEU
February 4, 2016 (effective from March 5) - USD 125 per TEU
March 2, 2016 (effective from April 2) - USD 100 per TEU
March 30, 2016 (effective from April 30) - USD 125 per TEU
