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FEFC sets August BAF, CAF rates

FEFC sets August BAF, CAF rates

The Far Eastern Freight Conference has announced its August bunker and currency adjustment factors in the Europe/Mediterranean region.

   The bunker adjustment factor applicable to the trade to and from the United Kingdom, Northwest Continent, Mediterranean and Scandinavia will be $312 per TEU (from $307 per TEU). For the Baltic Sea region, the charge will be $317 per TEU (from $312 per TEU).

   The currency adjustment factor applicable for August will be 10.3 percent (from 10.6 percent).