Temporary Bunker and Fuel (BAF) surcharge
The new temporary bunker surcharge, that was introduced 17 March 2022, will only take effect if the average of BRENT oil exceeds 120 USD/bbl.
The average price for BRENT oil during the period from 14 April to 27 April shows an average of 107.39 USD/bbl.
This means that no extra BAF will be collected for the next two weeks, starting 29 April.
The new monitoring period will start 28 April and end 11 May and a new BAF surcharge will enter into force only if the BRENT oil average price exceeds 120 USD/bbl. The new BAF level for the next two weeks is announced on 12th of May.
We will keep you informed of any updates.