Currency Adjustment Factor

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The Currency Adjustment Factor (CAF) is a term used in liner shipping .

It is a percentage surcharge that is levied on the sea ​​freight according to the tariff to compensate for financial losses due to exchange rate fluctuations.

In addition to general surcharges for the exchange rate fluctuations between the tariff currency and the US dollar, which is generally used as the key currency in maritime shipping, there are also special surcharges for certain destinations if their local currencies change significantly in value and thus the handling costs increase.

See also: Bunker surcharge , ice surcharge