JTFC PRESS NOTICE

JAPAN/THAILAND FREIGHT CONFERENCE (JTFC)

Notice to Shippers

BAF in January 2012

Shippers are hereby advised that as a result of the monthly review in December 2011, the current Bunker Adjustment Factors both for General Cargo and Vehicles will be adjusted UPWARD as follows, with effect from 1st January, 2012 until further notice:-

Effective 1/Jan/2012 　 Current 　 BAF for General Cargo 　 44.00 % (NEW)   41.00 % 　 BAF for Vehicle 　 45.50 % (NEW)   42.30%

22nd December, 2011.

JTFC Secretary.

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