Table of Contents
What is mean by BAF?
Bachelor of Accounting & Finance(BAF)
What is BAF and LSS?
BAF = Bunker Adjustment Factor. LSS = Low Sulphur Fuel Surcharge.
What is BAF charge?
BAF is the abbreviation for Bunker Adjustment Factor. As fuel prices are pretty volatile, the shipping lines charge a fee called “Bunker Adjustment Factor (BAF)” to cover the fluctuations in global bunker costs.
What subjects are there in BAF?
Syllabus BAF
| FIRST YEAR : Semester 1 | FIRST YEAR : Semester 2 |
|---|---|
| Cost Accounting-Introduction and Element of Cost-Paper I | Auditing-Introduction and Planning-Paper I |
| Economics-Micro Economics-Paper I | Economics-Micro Economics-Paper I Financial Management-Paper I |
| Commerce-Business Environment-Paper I | Taxation-Indirect Taxes-Paper I |
How do I become a BAF?
Eligibility Criteria In order to study the BAF course, one needs to fulfil certain prerequisites as specified by their chosen university. The basic requirements for this program include, The candidate must have cleared 10+2 senior secondary education in Commerce stream from a recognised board.
What is BAF and CAF in sea freight?
BAF means Bunker Adjustment Factor and CAF means Currency Adjustment Factor. BAF and CAF are generally used by sea shipping carriers. These are charges which levied along with ocean freight to different locations at different season.
What is bunker in shipping?
Bunkers includes all dutiable petroleum products loaded aboard a vessel for consumption by that vessel. International maritime bunkers describe the quantities of fuel oil delivered to ships of all flags that are engaged in international navigation. It is the fuel used to power these ships.
What is BAF and CAF?
The charge was developed to account for constantly changing exchange rates between the dollar US and other currencies. Thus its goal is to offset any losses from constantly fluctuating exchange rates for carriers.
What are CFS charges?
CFS charges refer to the fees that apply for each activity performed at a CFS, namely the import and export of goods through customs. CFS charges have a high impact on logistics when it comes to shipping goods into or out of a country.
What are BAF subjects?
What does BAF stand for in Army?
BAF: Bagram Air Field (Afghanistan) BAF: British Armed Forces: BAF: Benefield Anechoic Facility (Edwards AFB CA, USA) BAF: Booster Applications Facility (Brookhaven National Laboratory) BAF: Backup Alert Force: BAF: Benin Armed Forces: BAF: Battle Analysis Facility: BAF: Beltsville Assembly Facility: BAF: Battalion Assault Force: BAF
What does the word BAF mean?
The shipping term “BAF” means “bunker adjustment factor.”. This is an adjustment to shipping companies’ freight rates to take into account fluctuations in the cost of fuel for their ships or freighters.
What can I do to help BAF?
Contact your BAF Financial Service Representatives
What is the difference between BAF and CAF?
CAF is a part of ocean freight to balance and cater against difference in currency value fluctuations. So, the major difference between BAF and CAF is that, BAF is related oil price and CAF is related to foreign currency. Also read Does exchange rate of currency effect export business?