Intra-Asia Market: Bunker Adjustment Factor (BAF) Update Effective 1 April 2024

Please be advised that Very Low Sulphur Fuel Oil (VLSFO) will replace the current High Sulphur Fuel Oil (HSFO) as the price reference for the quarterly Bunker Adjustment Factor (BAF) for long-term contracts of more than 3 months’ validity. 

Please be advised that CNC will be applying the following BAF from 1 April 2024 until further notice. 

BAF will be applicable on top of CNC's ocean freight charges for long-term contracts of more than 3 months’ validity. 

The quantum for BAF applicable is available online on http://www.cnc-ebusiness.com/ebusiness/tariffs/charge-finder (CNC Charges Finder – Main Charges). 

For more information, please contact your local CNC representative. Thank you for your business and continued support.