Bunker price waiting for a new Bunker Adjustment Factor (BAF)

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With the application of the IMO2020 standard only six weeks away, shippers and forwarders are preparing their checkbooks to help shipping companies cover the additional cost for cleaner, low-sulfur bunker use. On December 4, Drewry will publish the first reference price for BAF based on low sulfur fuel and in line with its independent BAF […]