JGARSPC PRESS NOTICE
JAPAN/GULF OF ADEN & RED SEA PORTS CONFERENCE
PCC Bunker Adjustment Factor (BAF)

It is noted that as a result of PCC BAF review for the 1st quarter of 2012, the current PCC BAF of plus US$9.02 per R/T will be adjusted to plus US$9.95 per R/T effective from January 1 to March 31, 2012.

@Secretary.@

2nd December, 2011


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