Asia-Middle East/Red Sea Markets: Bunker Adjustment Factor (BAF) Update Effective 1 January 2020
With reference to our previous advisory dated 9 October 2019, please be advised that VLSFO will replace the current HSFO as the price reference for the quarterly Bunker Adjustment Factor (BAF) for long-term contracts of more than 3 months' validity.
The quantums and service scope for BAF applicable from 1 January 2020 until further notice, are as stated below:
Please contact your local APL representative if you need any assistance.
We thank you for your business and continued support.