Bunker Adjustment Factor (BAF)

Bunker Adjustment Factor is an additional freight charge levied on shipping companies to offset fluctuations in the cost of the ship’s fuels.

What is Bunker Adjustment Factor (BAF) ?
Bunker Adjustment Factor is a surcharge levied on shipping companies to compensate for the fluctuation in fuel price and regain any potential loss caused by these fluctuations. These charges are set by Carrier Conferences and are applicable for specific trade routes for a certain period of time.