Bunker Adjustment Factor. A surcharge added to basic transportation rates by ocean carriers to compensate for fluctuating fuel or bunker oil costs.
Bunker Adjustment Fee. fuel surcharge issued by a steamship line. Bureau of Industry & Security (BIS): Dept of Commerce agency responsible for Export Administration Regulations, formerly known as Bureau of Export Administration.
Bunker Adjustment Factor IMO Int. Maritime Organisation
Bunker Adjustment Factor - an adjustment to shipping companies' freight rates to take into account fluctuations in the cost of fuel oil ( bunkers) for their ships.
Bunker Adjustment Factor, used to compensate steamship lines for fluctuating fuel costs. Also called FAF, Fuel Adjustment factor.
(bunker adjustment factor)--An ancillary charge assessed by carriers on some ocean container freight shipments to account for fluctuation in fuel cost.
See Bunker Adjustment Factor.
Bunker Adjustment Factor: a maritime transportation surcharge in the event of an increase in fuel prices.
Bunker adjustment factor: A fuel surcharge expressed as a percentage added or subtracted from the freight rate reflecting the movement in the market price for bunkers.
bunker adjustment factor. An adjustment in shipping charges made to offset price fluctuations in the cost of fuel, derived from the term for fuel storage containers (bunkers).
Bunker Adjustment Factor - charged by shipping companies to alleviate fluctuating bunkering costs (ie ship's fuel oil).
Bunker Adjustment Factor. A freight adjustment factor to reflect the current price of bunkers. Synonym: fuel adjustment factor (FAF).
Abbreviation for "Bunker Adjustment Factor." Used to compensate steamship lines for fluctuating fuel costs. Sometimes called "Fuel Adjustment Factor" or FAF.