Fuel prices stable for TACA

Fuel prices stable for TACA

The Trans-Atlantic Conference Agreement announced the bunker adjustment factor for Oct. 16-Nov. 15 will remain the same for another 30 days, through Dec. 15.

The bunker adjustment factor for Atlantic/Gulf Coast ports is $158 per TEU; $316 per FEU; and $16 per ton or cubic equivalent. The BAF for Pacific Coast ports is $237 per TEU; $474 per FEU; and $24 per ton or cubic equivalent.

The currency adjustment factor remains at 3 percent and will continue through Dec. 15. TACA has aligned the monitoring period of the CAF to the BAF, meaning that any changes in CAF would occur mid-month, with a minimum notice of 30 days.

TACA members are ACL; NYK Line; Hapag-Lloyd; OOCL; Mediterranean Shipping Co.; P&O Nedlloyd; and Maersk-Sealand.