Bunker Adjustment Factor in Ocean Freight
What Is the Bunker Adjustment Factor (BAF) in Ocean Freight? You get a quote for a 40-foot container. The base rate looks fine. Then the invoice shows a line called BAF, and the total is higher than you planned. That line is the bunker adjustment factor. It is the fuel surcharge that ocean carriers add […]
How to Calculate Demurrage in Shipping: A Complete Guide with Formulas and Examples
If you’ve ever opened an invoice from a shipping line and found a demurrage charge you didn’t expect, you’re not alone. Demurrage is one of the most common — and most avoidable — costs in international trade. Most importers and exporters don’t get hit with it because their cargo is late. They get hit with […]
Voyage Cost Estimation for Ship Brokers (2026 Guide)
Voyage cost estimation helps ship brokers forecast a trip’s real profitability before fixing a charter. By accounting for bunkers, port charges, canal dues, laytime, and carbon costs, brokers can reduce surprises and protect margins on every voyage. The shipping industry relies heavily on voyage cost estimation to forecast the potential cost and profitability of a […]