EBS (Emergency Bunker Surcharge)
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Emergency Bunker Surcharge (EBS) is a fee imposed by carriers to counter the impact of escalating fuel costs.
When fuel prices (bunker) reach a critical point, causing airlines to incur losses (the "emergency"), EBS is added on top of the existing Bunker Adjustment Factor (BAF).
EBS is specific to each carrier and trade route, ensuring that it is tailored to the individual circumstances of the shipping company and the journey.
If deemed necessary, the EBS will be incorporated into the overall freight charges, impacting the cost of shipping goods.
BAF and EBS work together, with BAF addressing standard fuel costs, while EBS specifically tackles extraordinary fuel cost increases.
For businesses engaged in freight shipping, the imposition of EBS introduces an additional cost element that needs to be considered in budgeting and logistics planning.
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