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BAF (Bunker Adjustment Factor)

A surcharge applied by shipping lines to cover fluctuations in fuel costs.

B TermsGlossaryDefinition

Definition

A surcharge applied by shipping lines to cover fluctuations in fuel costs.

Context & Usage

Variable charge that changes monthly based on fuel prices, significant component of ocean freight costs.

BAF (Bunker Adjustment Factor) - Industrial Packaging Glossary | Repackify