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AET BAF CAF 01 Mar
Local News
February 21, 2011

   17 February 2011                                                                            

   AET11-04 

                                                  ANNOUNCEMENT


TO OUR VALUED CUSTOMERS:


Please be advised that Bunker Adjustment Factor (BAF) will increase by $36/teu and Currency Adjustment Factor (CAF) will remain unchanged for all Europe Shipments effective March 01, 2011. Quantum will be as follows:

BAF

February

March

20 GP

US$ 561

US$ 597

40 GP

US$ 1122

US$ 1194

40 HQ

US$ 1122

US$ 1194


CAF

WB

EB

20 GP

$ 16

$ 3

40 GP

$ 21

$ 5

40 HQ

$ 32

$ 5

CAF is re-introduced into the trade due to ongoing currency disparities between the US Dollar and other major currencies, primarily the Euro, the British Pound, and the Japanese Yen.

For further inquiries, please contact our customer service and sales representatives at 554-8000.

Please be guided accordingly. Thank you.

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