Irish Sea Surcharges

Please click on Irish Sea BAF below to find details of the restructured fuel surcharge mechanism and Fuel Surcharge Index Table, which became effective from 1^st September 2008.

The mechanism is based on:

• Actual price of both IFO 380 and MGO
• Exchange rate for US$

The price of IFO 380, MGO, exchange rate and corresponding surcharge level will be posted on the web site each week. The surcharge will be reviewed on a monthly basis and will be based upon the previous month’s prices and exchange rate.

The prices for IFO 380 and MGO can be viewed by on www.bunkerworld.com/markets/prices/nl/rtm/ while the exchange rate is available on www.bankofengland.co.uk/mfsd/iadb/Rates.asp.

The rate effective from 1^st September is 17%. This rate will apply until the next adjustment date of the 1^st October 2010.

BAF is based on the average price of fuel and rate of exchange (US$/£) for the previous month, so therefore the rate for all shipments on Irish Sea Services will be 17% for September.

• Irish Sea BAF