BAF at VATOS. What is that?

Thursday, May 15, 2008

BAF at VATOS. What is that?

What does it mean when your freight forwarder offers a freight rate plus BAF at VATOS?

BAF (or Bunker Adjustment Factor) is a surcharge shipping lines charge to the shippers. BAF changes every month according to the ups and downs of fuel prices. VATOS (or Value Of Time Of Shipment) just means that BAF might change and that you will be charged the actual surcharge at time of shipment.

1 comment:

Anonymous said...: Thanks...excellent information; May 27, 2009 at 1:23 PM

Post a Comment

This Blog

There are a lot of sites on the internet offering news and write-ups on logistics and supply chain management. You can easily find the definition of CIF, BAF or TEU. But few sites will tell you how to apply the INCOTERMS, or how to select the appropriate freight forwarder.

Knowing when to agree to sell on C or D-terms can save you time and money (and even a headache)! The same applies to LCL and FCL shipments, or a consol or fast air service.

This Blog is meant for anyone with questions on Logistics. Topics covered are ocean freight, air freight, courier services, warehousing and distribution as well as logistics specific terms.

Use the "post a comment" function to ask your question or email me at eurasialogistics@gmail.com. I will attempt to answer any question you might have within 72 hours.

I do reserve the right to post the answers in the blog (eliminating names and specifics etc) in a way that will benefit all visitors.

Thanks for supporting this blog!

eurasialogistics

Disclaimer

Personal disclaimer

This is a personal blog. Thus, everything reflected here, explicitly or implied, is my personal opinion and observation. The advise and information expressed on these pages are mine alone and not necessarily those of my employer or any other company or organization.

Links

Links are provided for the convenience of our site users only and without responsibility for the content or operation of those sites. Unless otherwise stated, linked sites and their products and services are not endorsed by us and your linking to any such site is at your own risk.

No advice given

If you require specific advice for your individual circumstances, consult an appropriate expert directly. Do not rely on the general material on this site. I will endeavour to assist you if you specifically inquire about matters in which I have expertise, but cannot accept any responsibility for doing this.

Thursday, May 15, 2008