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Australia to Pacific Islands service- Bunker Adjustment Factor (BAF) – IMPORTANT UPDATE January 2020

December 3, 2019

Further to the announcements in the recent months, Swire Shipping has continued to take steps to ensure that the vessels we operate will be fully compliant with IMO2020 regulations. In order to accommodate the new VLSFO (Very Low Sulphur Fuel Oil), cleaning of the vessels fuel tanks has been underway over the last 2 months, of which is now in the final stages, as is requirement to stem a higher ratio of more expensive IMO2020 compliant fuels.

The vessels operating on the service will be 100% compliant by December 2019.

As a result, Swire Shipping wishes to advise that the Bunker Adjustment Factor (BAF) applicable on all Northbound cargo from Australia to the Pacific Islands and all Southbound cargo from the Pacific Islands to Australia.

Revised BAF levels as follows:

USD 428.00 per TEU

USD 856.00 per FEU

USD 25.17 per r/t

Effective vessel / voyages:

Northbound

Melanesian Pride V.019N

Southbound

Forum Samoa 4 V.019S

For further information on this notice, and further detail on upcoming IMO2020 regulations, please do not hesitate to contact your local Swire Shipping representative.