Intra-Asia Market: Bunker Recovery Adjustment Factor (BRAF) Update for November 2023
With reference to our previous advisory dated 1 September 2023, please be advised that the November 2023 Bunker Recovery Adjustment Factor (BRAF)* for short-term contracts of validity 3 months or shorter will be as follows and is applied on top of CNC’s ocean freight charges.
The quantum for BRAF applicable is available online on http://www.cnc-ebusiness.com/ebusiness/tariffs/charge-finder (CNC Charges Finder – Other Charges). For more information, please contact your local CNC representative. Thank you for your business and continued support.
*Denomination of the applicable surcharge may vary according to local regulation.