FEEA PRESS NOTICE
FAR EAST/EAST AFRICA FREIGHT CONFERENCE
BUNKER ADJUSTMENT FACTOR

It is noted that the current Bunker Adjustment Factor of 117.30% for shipments by vessels other than PCC will be adjusted to 114.70% with effect from vessels arriving at individual ports of loading in Japan on and after January 1, 2012.

Tokyo, December 13, 2011 Secretary.

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