JPFC PRESS NOTICE
JAPAN/PHILIPPINES FREIGHT CONFERENCE
Notice to Shippers
Emergency Bunker Additional (EBA)
For January 2019

Reference is made to our previous notice dated 26th October, 2018.

As per the monthly review procedure based on September/October/November 2018 average price comparing with the original review period of June/July/August 2017 last year, it is JPFCfs decision to adjust the current EBA of USD.2.00/RT upward to USD.3.50/RT, effective 1st January, 2019 until further notice.

From this monthly review, it is advised that the base period / base price used for monthly review should be fixed as June/July/August 2017, as such revised procedure is more reasonable and justifiable from the standpoint of correct assessment of volatile bunker impact that has close bearing with carriersf day-to-day operation.

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.

28th November, 2018. Secretary.

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