FURTHER DECREASES IN BAF ON THE NORTH ASIA TO NZ TRADE LANE

Dec 01

(China / Hong Kong / Taiwan / Korea / Japan)
NYK and Mitsui have announced further reductions in BAFs.

With effect from 5th December their new BAF level on vessels departing after this date, will be as follows :
USD 425 per 20ft - reducing from USD 575
USD 850 per 40ft - reducing from USD 1150

Other carriers are expected to follow suit shortly. We intend to reduce the LCL BAF from USD 23 to USD 17 per cbm, once Maersk and COSCO have confirmed their positions on BAF levels.

Monday, 1 December 2008

Posted: 3 years 2 months ago
Tags: BAF, Asia