BAF (Bunker Adjustment Factor)

Tags: Glossary

BAF accounts for vessel fuel and fluctuates based on the price of Brent oil


Ready to Get Started?

Flexport makes shipping your cargo transparent, reliable, and affordable

What is BAF?

BAF (Bunker Adjustment Factor) is a surcharge that accounts for vessel fuel cost, set quarterly by the Transpacific Stabilization Agreement (TSA). The BAF is tied to the price of oil, set by Brent crude oil price, a major benchmark for worldwide oil prices.

The BAF is charged by ocean carriers per container to protect them against fuel price fluctuation, and varies among trade lanes.

Flexport’s freight rates are inclusive of the BAF.

Learn More

Related Help Articles

What’s the Relationship Between Vessel Fuel and Crude Oil?

Why Do Freight Costs Vary per Trade Lane?

Related Glossary Terms

Fuel Surcharge (FSC)

Clean Truck Fee

Share the Article

More From Flexport



注册 Flexport 账号或要求查看我们的行动平台。


立即扫描二维码关注 Flexport。