News / Rising bunker costs may drive ocean rates to pandemic heights

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More surcharges on fuel could hike freight rates to levels only seen during the pandemic, warned Sea-Intelligence today, as carriers announced increased Q4 levies.  

Maersk today announced its updated Bunker Adjustment Factor (BAF) surcharge, using Platts’ fuel price index for 0.5% sulphur fuel oil (VLSFO) ...

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    Bunker Adjustment Factor Surcharge (BAF) Fuel surcharges IMO Ocean freight rates Sea Intelligence Sea-Intellignce Xeneta