Revision of Bunker Recovery Factor (BRF) - 01 Nov 2018

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Revision of Bunker Recovery Factor (BRF) - 01 Nov 2018

Dear Valued Customers,

Further to monitoring of IFO 380 bunker price which continues to increase from average USD 450/MT (in June 2018) to Usd 500-520/MT recently, it has become necessary for Mariana Express Lines Pte Ltd to adjust the Bunker Recovery Factor (BRF) rate.

The revised BRF will apply for all shipments with a Bill of Lading dated on or after 1^st December 2018.

Prevailing BRF quantum Usd 70/teu
Revised BRF quantum Usd 120/teu (w.e.f 1^st December 2018)

Thank you for your continued support.

If you have any questions, please do not hesitate to contact our local Agent or Customer Service teams.

Yours Sincerely,

Mariana Express Lines Pte. Ltd.