New BAF
No Bunker surcharge from and below USD 150 per metric ton of LS380.
Each fluctuation of €31 per metric ton of LS 380 there will generate fluctuation of €1 in the BAF.
The data references when SeaFrance introduced the baf were those of the 31st August 2006 :
USD 326.27 per metric ton, €1 = 1.2811USD, €1= 0.67660 GBP
The data references at 31st October 2008 16:30 CEWT are :
USD 436,5 per metric ton of LS380, €1 = 1,3348 USD , €1 = 0.78667 GBP
Monthly average of the LS380 : http://www.bunkerworld.com/markets/prices/nl/rtm/monthly
Exchange rates: monthly averages of the European Central Bank (ECB)
The Baf elements from 1st November 2008 will be : - Large vehicles: €6.77 or £5.33
- Small vehicles: €2.05 or £1.61
How is the BAF calculated ?
