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, as per our recent Customer Advisory (available here), is currently updated weekly.
The weekly FAF rate that will be applicable from the week commencing 23 April 2026 is as follows:
- $2,229.30 per vessel port call covering arrival and departure, to recover diesel costs for tugs and the pilot launch, and
- $18.93 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 currently being reviewed weekly, in arrears, based on actual weekly fuel-price movements (compared with average fuel costs from FY2021).
Recent FAF rates summary
| Week commencing 23/4/2026 | Week commencing 16/4/26 | |
| TEU charge | $18.93 | $17.57 |
| Marine Charge | $2,229.30 | $2,046.62 |
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 for the week ending 10 April 2026 using published data is 3.8142cpl, resulting in a difference of 2.4770cpl. This has been applied to FAF rates for the period commencing 23 April 2026.
- We publish the weekly average rate on our website, with one week’s notice.
- The updated FAF is currently calculated weekly. This frequency will be reviewed periodically, and may be changed depending on the general volatility in diesel price movements.