Bunker risk management strategies in liner shipping companies part II : the bunker adjustment factor
The Bunker Adjustment Factor (BAF) is a surcharge levied upon shippers in order to transfer bunker fuel price risk to shippers and compensate for excessive bunker fuel expenses incurred as a result of extreme volatility in bunker fuel prices in today’s market. However, little is known about BAF and...
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| Format: | Final Year Project |
| Language: | English |
| Published: |
2012
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| Online Access: | http://hdl.handle.net/10356/49200 |
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| Institution: | Nanyang Technological University |
| Language: | English |
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