Fuel Floater
The Fuel Floater is a flexible tool designed to ensure fair pricing for both parties. As fuel prices fluctuate, the rate adjusts accordingly—if fuel costs rise, the price increases, and if they fall, the price decreases—providing transparency and fairness in pricing.
Current Fuel Price (CFP)
Weekly development
The Basics of a Fuel Surcharge
- The fuel surcharge will only be applied to contracted road and rail transport loads.
Fixed fuel base (BPF): 1.579, valid until the end of the year.
- The fuel surcharge will be provided by Girteka Logistics on a weekly basis to calculate the prices for the following week. For example, the Current Fuel Price for the period 2026-03-02 until 2026-03-08 would be applied for the period 2026-03-09 until 2026-03-15.
- The benchmark for the Current Fuel Price is the European Commission’s (EC) Weekly Oil Bulletin found here: https://ec.europa.eu/energy/observatory/reports/List-of-WOB.pdf
- The fuel surcharge is recalculated weekly.
- The fuel surcharge will only be applied if the deviation from the baseline fuel price (BFP) compared to the Current Fuel Price (CFP) is more than 4%.
Baseline Fuel Price (BFP) and Current Fuel Price (CFP) sources
- The BFP is based on the tender agreement.
- The CFP is based on the EU27 average diesel price with taxes (weekly average). The method to calculate the CFP is as follows:
- Open the EC’s Weekly Oil Bulletin;
- Find the Weekly Oil Bulletin for the relevant week.
For example:
02/03/2026 average week price 1629,22 EUR/1000 l
Fuel Surcharge Formula
- The agreed BFP is 1,115 EUR/l.
- The contracted price is 1,000 EUR.
The following will be used to recalculate prices for next week:
- 02/03/2026 average week price 1629,22 EUR/1000 l
Meaning the CFP for March 2026 was:
Which in this case means that the difference between the CFP and the BFP is:
The new freight price is calculated using this formula:
In our case, this means:
Baseline Fuel Price (BFP)
Monthly development
Following the geopolitical developments in the Middle East and the closure of the Strait of Hormuz, the global energy market is facing what the International Energy Agency has described as the most severe oil supply disruption since the 1970s.
As a result, in May 2026, the Monthly Current Fuel Price (CFP) is temporarily calculated using the Week 17 average of 2.008 EUR/L of the preceding month rather than the standard monthly average. The underlying calculation methodology remains fully unchanged.
The Basics of a Fuel Surcharge
- The fuel surcharge will only be applied to contracted road and rail transport loads.
Fixed fuel base (BPF): 1.579, valid until the end of the year.
- The fuel surcharge will be provided by Girteka Logistics on the first week of the month, at the latest, to calculate the prices for the current month. For example, the Current Fuel Price for January 2024 would be provided on January 7, 2024, at the latest, to be used throughout the month of January.
- The benchmark for the Current Fuel Price is the European Commission’s (EC) Weekly Oil Bulletin found here: https://ec.europa.eu/energy/observatory/reports/List-of-WOB.pdf
- The fuel surcharge is recalculated monthly.
- The fuel surcharge will only be applied if the deviation from the baseline fuel price (BFP) compared to the Current Fuel Price (CFP) is more than 4%.
Baseline Fuel Price (BFP) and Current Fuel Price (CFP) sources
- The BFP is based on the tender agreement.
- CFP is based on the EU27 average diesel price with taxes (last month’s average). The way to calculate the CFP is as follows:
- Open the EC’s Weekly Oil Bulletin;
- Find all of the month’s Weekly Oil Bulletins;
- Find the average diesel price in the EU27 in the second sheet of the bulletin.
- The average weekly price on January 11, 2021, was: 1196,24 EUR / 1000 l
- The average weekly price on January 18, 2021, was: 1210,63 EUR / 1000 l
- The average weekly price on January 25, 2021, was 1216,15 EUR / 1000 l
Fuel Surcharge Formula
- The agreed BFP is 1,115 EUR/l.
- The contracted price is 1,000 EUR.
To recalculate the prices for February 2021, the CFP of January 2021 is being used:
- The average weekly price on January 11, 2021, was: 1196,24 EUR / 1000 l
- The average weekly price on January 18, 2021, was: 1210,63 EUR / 1000 l
- The average weekly price on January 25, 2021, was 1216,15 EUR / 1000 l
Meaning the CFP for February 2021 was:
Which in this case means that the difference between the CFP and the BFP is:
The new freight price is calculated using this formula:
In our case, this means:
Current Fuel Price (CFP)
Monthly development
Following the geopolitical developments in the Middle East and the closure of the Strait of Hormuz, the global energy market is facing what the International Energy Agency has described as the most severe oil supply disruption since the 1970s.
As a result, in May 2026, the Monthly Current Fuel Price (CFP) is temporarily calculated using the Week 17 average of 2.008 EUR/L of the preceding month rather than the standard monthly average. The underlying calculation methodology remains fully unchanged.
The Basics of a Fuel Surcharge
- The fuel surcharge will only be applied to contracted road and rail transport loads.
Fixed fuel base (BPF): 1.579, valid until the end of the year.
- The fuel surcharge will be provided by Girteka Logistics on the first week of the month, at the latest, to calculate the prices for the current month. For example, the Current Fuel Price for January 2024 would be provided on January 7, 2024, at the latest, to be used throughout the month of January.
- The benchmark for the Current Fuel Price is the European Commission’s (EC) Weekly Oil Bulletin found here: https://ec.europa.eu/energy/observatory/reports/List-of-WOB.pdf
- The fuel surcharge is recalculated monthly.
- The fuel surcharge will only be applied if the deviation from the baseline fuel price (BFP) compared to the Current Fuel Price (CFP) is more than 4%.
Baseline Fuel Price (BFP) and Current Fuel Price (CFP) sources
- The BFP is based on the tender agreement.
- CFP is based on the EU27 average diesel price with taxes (last month’s average). The way to calculate the CFP is as follows:
- Open the EC’s Weekly Oil Bulletin;
- Find all of the month’s Weekly Oil Bulletins;
- Find the average diesel price in the EU27 in the second sheet of the bulletin.
- The average weekly price on January 11, 2021, was: 1196,24 EUR / 1000 l
- The average weekly price on January 18, 2021, was: 1210,63 EUR / 1000 l
- The average weekly price on January 25, 2021, was 1216,15 EUR / 1000 l
Fuel Surcharge Formula
- The agreed BFP is 1,115 EUR/l.
- The contracted price is 1,000 EUR.
To recalculate the prices for February 2021, the CFP of January 2021 is being used:
- The average weekly price on January 11, 2021, was: 1196,24 EUR / 1000 l
- The average weekly price on January 18, 2021, was: 1210,63 EUR / 1000 l
- The average weekly price on January 25, 2021, was 1216,15 EUR / 1000 l
Meaning the CFP for February 2021 was:
Which in this case means that the difference between the CFP and the BFP is:
The new freight price is calculated using this formula:
In our case, this means:
HVO Baseline Fuel Price (BFP)
Monthly development
The Basics of a Fuel Surcharge
- The fuel surcharge will only be applied to contracted road and rail transport loads.
Fixed fuel base (BPF): 3.1586, valid until the end of the year.
- The fuel surcharge will be provided by Girteka Logistics on the first week of the month, at the latest, to calculate the prices for the current month. For example, the Current Fuel Price for January 2024 would be provided on January 7, 2024, at the latest, to be used throughout the month of January.
- The benchmark for the Current Fuel Price you can find it here: learn more.
When checking the bulletin, look at the Road Transport Diesel section, specifically in the column “Road Diesel XTL (€/L)”. - The fuel surcharge is recalculated monthly.
- The fuel surcharge will only be applied if the deviation from the baseline fuel price (BFP) compared to the Current Fuel Price (CFP) is more than 4%.
Baseline Fuel Price (BFP) and Current Fuel Price (CFP) sources
- The BFP is based on the tender agreement.
- CFP is based on the EU27 average diesel price with taxes (last month’s average). The way to calculate the CFP is as follows:
- Open the EC’s Weekly Oil Bulletin;
- Find all of the month’s Weekly Oil Bulletins;
- Find the average diesel price in the EU27 in the second sheet of the bulletin.
- The average weekly price on January 11, 2021, was: 1196,24 EUR / 1000 l
- The average weekly price on January 18, 2021, was: 1210,63 EUR / 1000 l
- The average weekly price on January 25, 2021, was 1216,15 EUR / 1000 l
Fuel Surcharge Formula
- The agreed BFP is 1,115 EUR/l.
- The contracted price is 1,000 EUR.
- The average weekly price on January 11, 2021, was: 1196,24 EUR / 1000 l
- The average weekly price on January 18, 2021, was: 1210,63 EUR / 1000 l
- The average weekly price on January 25, 2021, was 1216,15 EUR / 1000 l
Meaning the CFP for February 2021 was:
Which in this case means that the difference between the CFP and the BFP is:
The new freight price is calculated using this formula:
In our case, this means:
HVO Current Fuel Price (CFP)
Monthly development
The Basics of a Fuel Surcharge
- The fuel surcharge will only be applied to contracted road and rail transport loads.
- Fixed fuel base (BPF): 3.1586, valid until the end of the year.
- The fuel surcharge will be provided by Girteka Logistics on the first week of the month, at the latest, to calculate the prices for the current month. For example, the Current Fuel Price for January 2024 would be provided on January 7, 2024, at the latest, to be used throughout the month of January.
- The benchmark for the Current Fuel Price you can find it here: learn more.
When checking the bulletin, look at the Road Transport Diesel section, specifically in the column “Road Diesel XTL (€/L)”. - The fuel surcharge is recalculated monthly.
- The fuel surcharge will only be applied if the deviation from the baseline fuel price (BFP) compared to the Current Fuel Price (CFP) is more than 4%.
Baseline Fuel Price (BFP) and Current Fuel Price (CFP) sources
- The BFP is based on the tender agreement.
- CFP is based on the EU27 average diesel price with taxes (last month’s average). The way to calculate the CFP is as follows:
- Open the EC’s Weekly Oil Bulletin;
- Find all of the month’s Weekly Oil Bulletins;
- Find the average diesel price in the EU27 in the second sheet of the bulletin.
- The average weekly price on January 11, 2021, was: 1196,24 EUR / 1000 l
- The average weekly price on January 18, 2021, was: 1210,63 EUR / 1000 l
- The average weekly price on January 25, 2021, was 1216,15 EUR / 1000 l
Fuel Surcharge Formula
- The agreed BFP is 1,115 EUR/l.
- The contracted price is 1,000 EUR.
- The average weekly price on January 11, 2021, was: 1196,24 EUR / 1000 l
- The average weekly price on January 18, 2021, was: 1210,63 EUR / 1000 l
- The average weekly price on January 25, 2021, was 1216,15 EUR / 1000 l
Meaning the CFP for February 2021 was:
Which in this case means that the difference between the CFP and the BFP is:
The new freight price is calculated using this formula:
In our case, this means:
