Intra-Asia Market: Bunker Adjustment Factor (BAF) Update Effective 1 April 2021
With reference to our previous advisory 1 December 2020, please be advised that Very Low Sulphur Fuel Oil (VLSFO) will replace the current High Sulphur Fuel Oil (HSFO) as the price reference for the quarterly Bunker Adjustment Factor (BAF) for long-term contracts of more than 3 months’ validity.