Sign up
Log in Sign up
This is a legacy page. Please click here to view the latest version.
Mon 23 Jun 2008, 08:15 GMT

Asian shipowner announces new BAF


Leading transportation and logistics firm to apply new BAF rates from next month.

Leading transportation and logistics firm Orient Overseas Container Line (OOCL) has announced that a new Bunker Adjustment Factor (BAF) will be applied on shipments between Australia and China, Hong Kong, Japan, Korea, Taiwan.

Following the completion of a regular review of its bunker costs, the Hong Kong-listed company has decided that new BAF levels will be applied next month on the shipping routes listed below to reflect the recent rise in the cost of marine fuel.

China, Hong Kong, Japan, Korea Northbound
$525/20' $1050/40' - Starting 4th July, 2008

Taiwan Northbound
$525/20' $1050/40 - Starting 19th July

China, Hong Kong, Japan, Korea Southbound
$525/20' $1050/40' - Starting 4th July, 2008

Taiwan Southbound
$525/20' $1050/40 - Starting 19th July

Orient Overseas Container Line (OOCL) is a wholly-owned subsidiary of Orient Overseas (International) Limited (OOIL). The company provides fully-integrated logistics and containerized transportation services through a network that encompasses Asia, Europe, North America and Australasia.

OOCL   Hong Kong 
TMS Tankers logo. Lloyd’s Register delivers fleet-wide energy transition roadmap for TMS Tankers  

LR Advisory maps vessel-level compliance risk and decarbonisation pathways across the Greek owner’s tanker fleet.
Dr Prapisala Thepsithar, GCMD. GCMD shares biofuel assurance and green finance insights at Hong Kong shipping decarbonisation forum  

The Global Centre for Maritime Decarbonisation presented pilot findings on biofuels and energy efficiency financing.
Laura Maersk ethanol bunkering graphic. Maersk conducts large-scale ethanol bunkering trial on Laura Maersk in Rotterdam  

A.P. Moller – Maersk has conducted a barge-delivered ethanol bunkering operation as part of ongoing fuel trials.
Luminara vessel truck-to-ship bunkering. MOL Techno-Trade completes first LNG bunkering for international cruise ship in Hokkaido  

Truck-to-ship LNG operation at Hakodate marks first such supply to an international cruise vessel in Hokkaido.
Acta Gemini vessel. Acta Marine takes delivery of methanol dual-fuel CSOV Acta Gemini for RWE wind farm charter  

The vessel will support operations at the Sofia Offshore Wind Farm at Dogger Bank.
Yeva Wood and Kirsten Møller Jørgensen. Malik Supply expands Danish team with bunker trader and finance hire  

Danish bunker supplier Malik Supply adds two new staff across its Fredericia and Aalborg offices.
AiP award ceremony for a 10,000-teu biofuel-powered container ship. HJSC wins AiP for 10,000-teu biofuel-powered container ship design  

South Korean shipbuilder HJ Shipbuilding & Construction receives classification society approval for its biofuel vessel design at Posidonia.
Active vessel. Capital Clean Energy Carriers takes delivery of LNG carrier and dual-fuel gas carrier, secures five new charters  

Athens-based CCEC expands its fleet and pushes contracted revenue backlog to $3.1bn.
VPS logo. Fuel quality management for vessels in extended idle: Arabian Gulf, Gulf of Oman and adjacent anchorages | Rahul Choudhuri, VPS  

Managing fuel quality deterioration following the closure of the Strait of Hormuz.
Person signing a document. Agastya Green Fuels signs 250,000 t/yr e-methanol offtake deal with Sri Lanka’s SAR Group  

Indian producer and Sri Lankan maritime firm agree long-term green methanol supply partnership.

↑  Back to Top


 Recommended