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TACA raising BAF

TACA raising BAF

The Trans-Atlantic Conference Agreement will raise its bunker adjustment factors from Dec. 16 through at least Jan. 15, triggered by the escalating price of fuel.

   TACA's bunker rates for traffic to, from and via U.S. Atlantic and Gulf coasts ports will be $752 (from $607) per TEU and $1,504 (from $1,214) per FEU or 45-foot container, with a weight-measure adjustment of $75 (from $61).

   Rates for traffic to, from and via U.S. Pacific Coast ports will go to $1,128 (from $911) per TEU and $2,256 (from $1,822) per FEU or 45-foot container. The weight-measure adjustment will be $113 (from $91).

   Meanwhile, the conference’s currency adjustment factor will remain unchanged at 12 percent.

   TACA member lines are Atlantic Container Line, Mediterranean Shipping Co., Maersk Line, NYK and OOCL.