Difference between revisions of "Bunker Adjustment Factor"
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(New page: The '''Bunker Adjustment Factor''' (B.A.F.) is a payment adjustment used to compensate shipping lines for fluctuating fuel costs.<ref>U.S. Department of Transportation Maritime Administrat...) |
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| − | The '''Bunker Adjustment Factor''' (B.A.F.) is a payment adjustment used to compensate shipping lines for fluctuating fuel costs.<ref>U.S. Department of Transportation Maritime Administration [http://www.marad.dot.gov/publications/glossary/glossary.html]</ref> Originally derived for steamships, with coal bunkers, it is also sometimes referred to as the '''Fuel Adjustment Factor''' (F.A.F.) | + | The '''Bunker Adjustment Factor''' (B.A.F.) is a payment adjustment used to compensate shipping lines for fluctuating [[fuel]] costs.<ref>U.S. Department of Transportation Maritime Administration [http://www.marad.dot.gov/publications/glossary/glossary.html]</ref> Originally derived for steamships, with coal bunkers, it is also sometimes referred to as the '''Fuel Adjustment Factor''' (F.A.F.) |
==References== | ==References== | ||
<references/> | <references/> | ||
[[Category:Shipping terms]] | [[Category:Shipping terms]] | ||