emissions-tracking-system
Drewry is encouraging shippers and logistics providers to adopt a standardized bunker adjustment factor (BAF) policy as rising fuel costs and new environmental regulations add complexity to ocean freight pricing.
The maritime research and consulting firm said escalating geopolitical tensions in the Middle East have increased pressure on bunker fuel prices, making fuel surcharges one of the largest and least predictable components of ocean transportation costs for beneficial cargo owners.
Drewry’s Standard ...
[+]
