FEEA PRESS NOTICE
FAR EAST/EAST AFRICA FREIGHT CONFERENCE
PCC BUNKER ADJUSTMENT FACTOR (PCCBAF)

It is noted that the current PCC BAF of plus US$20.49/RT will be adjusted to plus US$18.64/RT with effect from vessels arriving at individual ports of loading in Japan on and after January 1, 2012.

Tokyo, December 20, 2011 Secretary.

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