New BAF
No Bunker surcharge from and below USD 150 per metric ton of LS380.
Each fluctuation of €31 per metric ton of LS 380 there will generate fluctuation of €1 in the BAF.
The data references when SeaFrance introduced the baf were those of the 31st August 2006 :
USD 326.27 per metric ton, € 1 = 1.2811USD, € 1 = 0.67660 GBP
Monthly average of the LS380 : http://www.bunkerworld.com/markets/prices/nl/rtm/monthly
Exchange rates: monthly averages of the European Central Bank (ECB)
The Baf elements from 1st January 2009 will be : - Large vehicles: € 1.87 or £ 1.69
- Small vehicles: € 0.57 or £ 0.51
How is the BAF calculated ?
