Glossary · Ocean
Bunker adjustment factor (BAF)
A bunker adjustment factor (BAF) is a supplemental charge for additional fuel cost caused by sudden increases in fuel prices.
BAF bunker adjustment factor, a supplemental charge for additional fuel cost due to sudden increases in fuel prices
More ocean terms
- Bill of lading (B/L)
- Claused bill of lading
- Clean bill of lading
- Common carrier
- Container yard (CY)
- Deconsolidation
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Definitions are general information, not legal advice. Rules differ by country; check the source and the current regulation before you act on one.