Bunker Adjustment Factor (BAF)

30 May 2023

Sealand – A Maersk Company has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 01 July 2023.

We have used Bunkerworld’s fuel price index for 0,5% Sulphur fuel oil (VLSFO) for the BAF calculation and the average bunker price used is 575,36 USD/TON. The details on the period used for the calculation can be found in the table below:

BAF	Period	Effective Date	Fuel Type	Average (in USD per ton)
BAF Latest Rate Average	Period 26 Feb - 25 May	Effective Date 01-July-23	Fuel Type VLSFO (0.5%S)	Average (in USD per ton) 575,36
BAF Previous Rate Average	Period 26 Nov - 25 Feb	Effective Date 01-April-23	Fuel Type VLSFO (0.5%S)	Average (in USD per ton) 608,30

The BAF will be applicable to all contracts with validity longer than one month and the tariff values can be found in the tables on the following pages.

If you have any questions or need further guidance, our Sealand Representatives are prepared to take care of you. Give us a call or email us at customerservice@sealandmaersk.com and we’ll be happy to assist you.

BAF tariff values applicable from 01 July 2023

Scope	20' DRY**	40' DRY/HDRY**	45' HDRY**	20' REEF*	40' REEF*
Scope East Coast South America to Central America. Caribbean. Mexico. West Coast South America. North America	20' DRY** USD 374	40' DRY/HDRY** USD 748	45' HDRY** USD 748	20' REEF* USD 561	40' REEF* USD 1122
Scope Intra-Latin America (Central America. Caribbean. Mexico. West Coast South America. North Coast South America)	20' DRY** USD 144	40' DRY/HDRY** USD 288	45' HDRY** USD 288	20' REEF* USD 216	40' REEF* USD 432
Scope North America (United States. Canada. US Virgin Islands to/from West Coast South America. North Coast South America. Central America. Mexico & Caribbean	20' DRY** USD 288	40' DRY/HDRY** USD 575	45' HDRY** USD 575	20' REEF* USD 432	40' REEF* USD 863
Scope North America (United States. Canada. US Virgin Islands. Central America. Mexico. Caribbean. WCSA to East Coast South America	20' DRY** USD 173	40' DRY/HDRY** USD 345	45' HDRY** USD 345	20' REEF* USD 259	40' REEF* USD 518