Rate announcements

Bunker Adjustment Factor (BAF)

Summary: Maersk has reviewed its Bunker Adjustment Factor (BAF) and the new tariffs will be effective 01 July 2023.
02 Jun 2023

Maersk 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 Review Period
From 		Review Period
To 		Effective Date Fuel Type Average (In USD per ton)
BAF
Latest Rate Average
Review Period
From
26 Feb
Review Period
To
25 May
Effective Date
01-Jul-23
Fuel Type
VLSFO (0,5%S)
Average (In USD per ton)

575,36
BAF
Latest Rate Average
Review Period
From
26 Nov
Review Period
To
25 Feb
Effective Date
01-Apr-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.

Feel free to reach out to your sales representative if you have any questions.

BAF tariff values applicable from 01 July 2023 will be as follows:

Rate of exchange used to retrieve BAF in different currencies is:
1 USD = 0.9228EUR // 1 USD = 0.81067GBP // 1 USD =1.49641AUD // 1 USD = 1.60789NZD

Explore more on these topics

Asia Pacific Europe India Middle East and Africa Latin America North America

Related articles

See all news
News Build automotive resilience and stay ahead of every shift
4 Dec 2025
Rate announcements Rate Announcement – Far East to North Europe
4 Dec 2025
Rate announcements Weight & Dimensions – Land Transportation Guatemala, El Salvador, Honduras & Nicaragua
4 Dec 2025
Rate announcements Peak Season Surcharge - (PSS)
3 Dec 2025
Rate announcements Amendment of Congestion Fee Origin (CFO) & Destination (CFD) - Lyttelton, NZ to/from World
3 Dec 2025
News Maersk North America Market Update — December 2025
3 Dec 2025
Rate announcements Peak Season Surcharge (PSS) – Indian Subcontinent & Middle East to US East Coast & Gulf
3 Dec 2025
News IMEA Maersk Market Update – December 2025
3 Dec 2025
Advisories CMA CGM MASAI MARA 545E Omission - ZAPLZ13
3 Dec 2025
News Discover how leading technology companies are future-proofing their supply chains
3 Dec 2025
Rate announcements Revision of Terminal Handling Service – Origin (OHC) & Terminal Handling Service - Destination (DHC), Scope of Muara, Brunei to/from World
3 Dec 2025
Advisories Tango Service Rotation – Temporary Service Adjustments
2 Dec 2025

Anything you need, we’re here to help

Solutions

Logistics services

We meet customer needs from one end of the supply chain to the other.
Solutions
Headset

Contact us

Our dedicated team of experts are here for you.
Contact us
Find Prices

Ready to ship?

Look up rates for new shipments and inland tariffs.
Find a priceBook now
Stay informed
Sign up for news and insights
Stay ahead of the curve with valuable supply chain trends sent directly to your inbox

I agree to receive logistics related news and marketing updates by email, phone, messaging services (e.g. WhatsApp) and other digital platforms, including but not limited to social media (e.g., LinkedIn) from A. P. Moller-Maersk and its affiliated companies (see latest company overview). I understand that I can opt out of such Maersk communications at any time by clicking the unsubscribe link. To see how we use your personal data, please read our Privacy Notification.

By completing this form, you confirm that you agree to the use of your personal data by Maersk as described in our Privacy Notification.

Thank you for signing up
You have now signed up for newsletters. You will shortly receive an email which will explain how to set your newsletter preferences and unsubscribe.
Subscribed
You can unsubscribe anytime.