BAF Application

New bunker formula = Fuel Price × Trade Factor
The key elements of trade factors are;      

The BAF tariff will be reviewed quarterly and will be adjusted according to actual fuel price change compared to previous adjustment. If the fuel price change is more than USD 40 then the BAF tariffs will be applied monthly. 

Period Month Review Application Start
1st Quarter December March April
January
February
2nd Quarter March June July
April
May
3rd Quarter June September October
July
August
4th Quarter September December January
October
November

The Low-Sulphur Surcharge (LSS) will remain as the current application, because that we will keep on using cleaner fuel (%0,1 sulphur) in ECA, Emission Control Areas.    
            
The BAF for reefer Cargo will be applied by a coefficient factor/multiplier “1,5” over Standard Container(dry) BAF, reflecting the average electricity consumption of reefer containers.                
                
Fuel cost will be taken Current application will start based on IFO 380 consumption, which is subject to change after shifting to fuel with low (%0,5) sulphur content.                
                
Below you can find an “example only” table to illustrate the variation of BAF based on trades and fuel price. Accurate and actual BAF levels will be shared at the first working day of the review periods stated on BAF application calendar given in this announcement.                
             

IFO 380  Plats Area Trades Average IFO 380 Price
USD 350 USD 400 USD 450 USD 500 USD 550 USD 600 USD 650 USD 700
Algeciras EME - USA Trade 232,9699725 266,2513971 299,5328218 332,8142464 366,095671 399,3770957 432,6585203 465,939945
Algeciras USA - EME Trade 141,8078093 162,0660678 182,3243263 202,5825848 222,8408432 243,0991017 263,3573602 283,6156187
Algeciras BSE - USA Trade 288,1005541 266,2513971 299,5328218 332,8142464 366,095671 399,3770957 432,6585203 465,939945
Algeciras USA - BSE Trade 166,0920964 162,0660678 182,3243263 202,5825848 222,8408432 243,0991017 263,3573602 283,6156187
Algeciras WME - USA Trade 129,4462735 147,9385983 166,4309231 184,9232479 203,4155727 221,9078975 240,4002222 258,892547
Algeciras USA - WME Trade 39,35166715 44,97333388 50,59500062 56,21666735 61,83833409 67,46000083 73,08166756 78,7033343
Algeciras INTRA WMED 20 30 40 60 70 80 90 100
Istanbul EME - WME Trade 64,92017417 74,19448476 83,46879536 92,74310595 102,0174165 111,2917271 120,5660377 129,8403483
Istanbul WME - EME Trade 39,31785196 44,93468795 50,55152395 56,16835994 61,78519594 67,40203193 73,01886792 78,63570392
Istanbul BSE - WME Trade 64,92017417 74,19448476 83,46879536 92,74310595 102,0174165 111,2917271 120,5660377 129,8403483
Istanbul WME - BSE Trade 39,31785196 44,93468795 50,55152395 56,16835994 61,78519594 67,40203193 73,01886792 78,63570392
Istanbul INTRA EME SB Trade* 55,13058161 63,00637899 70,88217636 78,75797373 86,63377111 94,50956848 102,3853659 110,2611632
Istanbul INTRA EME NB  Trade* 24,28428705 27,75347092 31,22265478 34,69183865 38,16102251 41,63020638 45,09939024 48,56857411
Istanbul BSE - EME Trade 55,13058161 63,00637899 70,88217636 78,75797373 86,63377111 94,50956848 102,3853659 110,2611632
Istanbul EME - BSE Trade 24,28428705 27,75347092 31,22265478 34,69183865 38,16102251 41,63020638 45,09939024 48,56857411
Rotterdam EME - NWC Trade 158,3076923 180,9230769 203,5384615 226,1538462 248,7692308 271,3846154 294 316,6153846
Rotterdam NWC - EME Trade 90,46153846 103,3846154 116,3076923 129,2307692 142,1538462 155,0769231 168 180,9230769
Rotterdam BSE - NWC Trade 158,3076923 180,9230769 203,5384615 226,1538462 248,7692308 271,3846154 294 316,6153846
Rotterdam NWC - BSE Trade 90,46153846 103,3846154 116,3076923 129,2307692 142,1538462 155,0769231 168 180,9230769

(*) For INTRA EME TRADE; From Turkey to Egypt & Lebanon & Israel corridors are considered as SB (SouthBound) Trade, the rest of all intra EME (EastMed) trade corridors are considered as NB (NorthBound) Trade.      
         
For your easy reference you may find country-region table as below      
 

Country International Country Code Region
Belgium BE NWC
Northern Cyprus CY EME
Egypt EG EME
England UK NWC
France FR WME
Germany DE NWC
Georgia GE BSE
Greece GR NWC
Israel IL EME
Italy IT WME
Lebanon LB EME
Morocco MA WME
Portugal PT WME
Romania RO BSE
Spain SP WME
Turkey TR EME
Ukraine UA BSE
USA US USA
Turkon Live Support is currently live  on the Web Site…

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Demurrage

Demurrage

If the containers supplied by the carrier are not returned to the carrier after being unloaded by the consignee within the free time specified in the tariff, the delay fee which the carrier has the right to demand from the consignee or the shipper in accordance with the provisions of the bill of lading, and which is processed for each day of delay, is called “container demurrage”.

Food & Agriculture

Food & Agriculture

Food and agriculture, in terms of being oriented to the primary needs of people, are among the basic industry that have always been very important and will always maintain their importance.

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