New BAFs another headache for shippers, but a ‘digital twin’ may ease the pain

As shippers and their freight forwarders prepare to see the scale of how the Hormuz closure has affected fuel costs, with new 1 July  bunker adjustment factors (BAFs), there are concerns that costs for liner customers could rise rapidly in the coming days. Tomorrow’s new BAFs will see carriers seek to recover their extra fuel costs in the previous quarter, and could well coincide with a peri Read full article →