Fuel and BAF
Within our network we use a combination of trucks, ships and trains to move your goods. The fuel used in the trucks and ships are purchased on a regular basis with variable prices. Fuel prices do fluctuate frequently, which result in monthly surcharges to cover the market effects for both road fuel and ships fuel (BAF: Bunker Adjustment Factor). Every month we inform you about the most recent surcharges on this page.
What is a fuel surcharge
In order to cover the fluctuations in fuel pricing, we developed a monthly variable surcharge system which is charged separately on the invoice.
What is a BAF surcharge
The Bunker Adjustment Factor (BAF) is based on the MGO bunker index and is an additional surcharge charged to ship operators to compensate for fluctuations in fuel prices. It is imposed to compensate for the additional costs incurred during the transportation of goods.
How is fuel calculated
The fuel surcharge is based on the average daily fuel price publiced by TLN and Petrofed. This average multiplied by the trade factor defines the final figure
How is BAF calculated
The BAF is calculated by multiplying the 'trade factor' by the fuel price. The fuel price is the same for all trades and is calculated as the average bunker price at the major supply ports around the world over a period of about three months.