We hope that your business has been still prospering.
According to the fluctuation in international oil prices, we inform you of the revision of BAF for bulk liner cargo on the Korea-Japan trade as follow. And we would appreciate it if you could notify your concerned parties of the revised BAF rate. Therefore, its execution could be managed without any fault.
1. Application Rate
Before : 33% of Basic Rate
After : 40% of Basic Rate
2. Effective Date : From the cargoes to be loaded on the vessel entering Japanese ports on October 20 2016.
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