Meaning Bunker Adjustment Factor
What does Bunker Adjustment Factor mean? Here you find 5 meanings of the word Bunker Adjustment Factor. You can also add a definition of Bunker Adjustment Factor yourself
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Bunker Adjustment FactorThis term refers to the portion of sea freight charges that are adjustable based on the fluctuating cost of oil. Previously, Carrier Conferences determined BAF charges for certain periods of time and [..]
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Bunker Adjustment FactorCharged by ocean carriers to compensate for increased fuel (bunker oil) costs. Also known as bunker surcharge.
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Bunker Adjustment FactorAdjustment applied by liner conferences to offset the effect of fluctuations in the cost of bunkers.
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Bunker Adjustment FactorThe Bunker Adjustment Factor, or BAF, as it is more commonly known, is one of the charges levied on goods transported via Sea Freight. This particular charge represents the fluctuating costs to the sh [..]
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Bunker Adjustment FactorSurcharge based on the bunker cost in the international market.
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