Peter T. Leach | May 26, 2011 4:44PM EDT
Hamburg Sud said Thursday it will raise its bunker adjustment factor on July 1 on the trade between the Pacific Coast and North Europe and the Mediterranean trade.
As of July 1, the BAF, which is now $273 for a 20-foot container, will increase to $346.
The BAF on a 40-foot container, which is now $546, will increase to $692.