EUROPE/MEDITERRANEAN TRADE AGREEMENT INCREASES BAF
The European/Mediterranean Trade Agreement lines will raise the bunker adjustment factor in this trade, effective Sept. 15.
Surcharges for the North Continent, Scandinavia and Baltic/Cyprus will increase to $33 per TEU southbound and $16.50 per TEU northbound.
BAF for the U.K.-Eire/Cyprus trade will increase to $29.18 per TEU southbound and $14.59 per TEU northbound.
EMTA's member lines are: ARMADA, AWS (Ellerman), CMA-CGM, Contazline, Hamburg Sud, Iscont, Kawasaki Kisen Kaisha Ltd., Maersk Sealand, Mediterranean Shipping Co., Navigation Maritime Bulgare, P&O Nedlloyd Ltd., Safmarine, Senator Lines and Zim Israel Navigation Co. Ltd.