ESC & Drewry announce an IMO 2020 BAF transparent indexing mechanism

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  • Create Date October 16, 2019
  • Last Updated January 17, 2020

Drewry and the ESC have defined and published a simplified BAF indexing mechanism and bunker charge guide to help shippers monitor and control bunker charges as shipping lines switch to the more expensive bunkers required under the IMO 2020 low-sulphur regulation.

The mechanism is the result of the ESC-Drewry IMO toolkit reference group, a 10 European shipper experts, Drewry and the ESC tasked in particular with gathering views and best practices on IMO 2020 low-sulphur fuel-related topics.