FAF

FAF (FUEL ADJUSTMENT FACTOR)

Since 01 May 2022, a Fuel Adjustment Factor (FAF) has been added to our marine and container terminal service charges.

The FAF is levied in two parts and updated monthly. July 2025 rates are:

  • $606.41 per vessel port call covering arrival and departure, to recover diesel costs for tugs and the pilot launch, and
  • $4.74 per TEU, to recover diesel costs for cranes, top lifters, generators and other diesel usage on port.
  • DLRs (Discharge, Land and Restows) and Transhipments are exempt from the FAF.

The FAF is updated monthly, in arrears, based on actual monthly fuel-price movements (compared with average fuel costs from FY2021).

Recent FAF rates summary

  July 2025 June 2025 May 2025
TEU charge $4.74 $5.28 $5.31
Marine Charge $606.41 $675.30 $678.62

 

Calculation methodology

The mechanism for calculating the FAF is:

  • The base rate used is the average rate for our 2021 financial year (Oct 20 – Sep 21): 133.72cpl
  • Data is sourced from MBIE’s weekly table of diesel prices.
  • The calculated average rate during May 2025 using the published data is 1.8588cpl, resulting in a difference of 0.5216cpl. This has been applied to FAF rates for July 2025.
  • We publish the monthly average rate on our website, with one month’s notice.
  • The updated FAF is currently calculated monthly. This frequency will be reviewed periodically, and may be changed depending on the general volatility in diesel price movements.