IPBCC - BAF and CAF effective 01.04.2008
India Pakistan Bangladesh Cylon Conference
CURRENCY ADJUSTMENT FACTOR
Member Lines wish to inform their customers that following the monthly caf review, a Currency Adjustment Factor (CAF) of + 17.07% will apply with effect from 1st April to 30th April 2008.
The next review period will be March 2008, the result of which will become effective from 1st May 2008.
BUNKER ADJUSTMENT FACTOR
IPBCC Member Lines wish to advise their customers that following the monthly review of bunker costs, the following levels will apply with effect from 1st April 2008:-
From/to UK, North West Continent, Scandinavia and the Baltic.
FCL Cargo: USD 325.00 per TEU
LCL Cargo: USD 32.50 W/M
Breakbulk Cargo: Plus 90%
From/to the Mediterranean
FCL Cargo: USD 310.00 per TEU
LCL Cargo: USD 31.00 W/M
Breakbulk Cargo: Plus 86%
Member Lines will continue to monitor bunker costs and the level of BAF will be kept under regular review.
Further details may be obtained from Member Lines' offices
On behalf of Member Lines of IPBCC
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