Sealand has reviewed its Bunker Adjustment Factor (BAF), and the new tariffs will be effective 1 June 2020.

Sealand used Bunkerworld’s fuel price index for 0.5% Sulphur fuel oil (VLSFO) for the BAF calculation, and the average bunker price used is 241.48 USD/TON. The details on the period and reference ports used for the calculation can be found in the table below.

Fuel type Period ROT SIN PAN Average
VLSFO 26 Feb'20 - 25 MAR'20 300.76 345.81 388.86 345.14
VLSFO 26 MAR'20 - 25 APR'20 212.00 244.86 267.57 241.48

The BAF will be applicable to all contracts with validity longer than three months, and the tariff values can be found in the table below:

Scope   BAF DRY+ Special Equipment + NOR BAF REEF
20DV 40DV 40HC 45HC 20REEF 40REEF
North America (United States, Canada, US Virgin Islands, Central America, Mexico, Caribbean, WCSA to East Coast South America USD 73 145 145 - 109 217
North America (United States, Canada, US Virgin Islands to/from West Coast South America, North Coast South America, Central America, Mexico & Caribbean USD 121 241 241 241 181 362
East Coast South America to Central America, Caribbean, Mexico, West Coast South America, North America USD 157 314 314 - 236 471
Intra-Latin America (Central America, Caribbean, Mexico, West Coast South America, North Coast South America) USD 61 121 121 121 91 181