Difference between revisions of "Bunker Adjustment Factor"

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==References==
 
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Revision as of 22:20, April 6, 2008

The Bunker Adjustment Factor (B.A.F.) is a payment adjustment used to compensate shipping lines for fluctuating fuel costs.[1] Originally derived for steamships, with coal bunkers, it is also sometimes referred to as the Fuel Adjustment Factor (F.A.F.)

References

  1. ↑ U.S. Department of Transportation Maritime Administration [1]