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Date: Thursday, July 1, 2010

Re: 

August BAF Unchanged for Europe/South Africa, South America and Oceania

Be advised that the BAF adjustment levels on imports will remain at current levels for August 2010.

Europe, South Africa to USA
Based on IFO 380 Rotterdam rolling 3 month index average
Month Adjustment 20' 40'
Jun 2010 BAF adjustment of $58 per TEU $231 $462
Jul 2010 No change, remains at $231 per TEU $231 $462
Aug 2010 No change, remains at $231 per TEU $231 $462


South America to USA
Based on IFO 380 Houston rolling 3 month index average
Month Adjustment 20' 40'
Jun 2010 No change, remains at $177 per TEU $177 $354
Jul 2010 No change, remains at $177 per TEU $177 $354
Aug 2010 No change, remains at $177 per TEU $177 $354


Australia / New Zealand to USA
Based on quarterly BAF average
Quarter Adjustment 20' 40'
Apr-Jun 2010 No change, remains at $520 per TEU $520 $1,040
Jul-Sep 2010 No change, remains at $520 per TEU $520 $1,040

Europe/South Africa and South America Bunker Adjustment Factor (BAF) is based on rolling three-month averages of the IFO 380 Rotterdam and Houston Fuel Indexes respectively. Adjustments to the BAF are made when the prior month's average exceeds +/- 15%. IFO 380 Rotterdam and Houston Indexes are published at www.bunkerworld.com. Click here for JF Hillebrand USA historical BAF information on imports.