Shippers must fix ‘broken bafs‘ to pay for decarbonisation
Shippers seek better solution to outdated bunker surcharges as they face paying the price of emissions reductions. ‘Baf is broken’ declares transport tech firm Ecumene Ventures
Whatever methodology is eventually adopted to ensure the decarbonisation of shipping, the costs will inevitably be passed through to the shipper and cargo owner. But for this to happen, a more detailed and granular means of establishing true costs is required