JPFC PRESS NOTICE
JAPAN/PHILIPPINES FREIGHT CONFERENCE
Notice to Shippers
Emergency Bunker Additional (EBA)
For Conventional vessels

Member Lines of this Conference have been suffering from significant increase of Bunker cost, which accounts for a large part in carriersf operating cost.

According to the survey conducted, average price for June/July/August 2018 reached a level of USD.486/Ton, which is 47% higher for the corresponding period of the last year when the average level was USD.330/Ton.

Due to unexpected development of the bunker market as well as continuous unsustainable situation against carriersf operating cost beyond their control, they have no alternative but to seek customersf understanding to implement Emergency Bunker Additional as follows with the objective of recovering a part of the increased cost :-

Effective from : 1st October, 2018
At the level of : USD.2.00/RT
Scope : all cargo from Japan to Philippines

JPFC will continue to conduct careful monitoring and review the level of EBA on a monthly basis based on justifiable cost study.

Please contact us or Member Lines of this Conference who are happy to respond to any queries you may have on this subject.

29th August, 2018. Secretary.

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