Maersk Line could reap significant financial advantages from the sliding oil prices in the form of an increased cash flow of about USD 330 million in the first quarter of 2015. This is due to changes in the BAF surcharge (Bunker Adjustment Factor) that the carrier has performed from January 1st this year, according to analyst agency SeaIntel.
One of the main questions during the ongoing and drastic plunge in oil prices has been whether the container carriers would be able to reap benefits of the savings themselves - or whether the customers, the shippers, will take home all the savings through a lower BAF surcharge.
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