Several major container shipping lines have announced new Bunker Adjustment Factor (BAF) surcharges, set to take effect from February 1, 2026, impacting global shipping rates.
The adjustment reflects rising fuel costs and market volatility, with carriers citing the need to align freight charges with fluctuating bunker prices. The updated BAF will apply across key trade lanes, including Asia–Europe, Asia–North America, and intra-Asia routes.
Industry experts said the new surcharge could influence shipping costs for exporters and importers, particularly for energy-intensive or high-volume cargo. Freight forwarders are expected to incorporate the updated BAF into contracts and spot rates, potentially affecting supply chain budgeting for the first quarter of 2026.
Carriers emphasised that the BAF revisions are standard practice to maintain service reliability and cover fuel-related operational costs, while still offering competitive transit schedules. Customers have been advised to check individual liner announcements for lane-specific rates and calculations.