About Fuel Surcharge

About Fuel Surcharge

When oil price changes as following, we apply for revision of Fuel Surcharge application.

Fuel Price exceeds 130% level of our benchmark for a period of 20 concecutive days Fuel Surcharge of 12.0JPY/kg (0.10 USD/kg) will be filed with J-CAB for implementation.
Fuel Price exceeds 150% level of our benchmark for a period of 20 concecutive days Adjustment from 12.0JPY/kg (0.10 USD/kg) to 18.0 JPY/kg (0,15 USD/kg) will be filed with J-CAB.
Fuel Price exceeds 170% level of our benchmark for a period of 20 concecutive days Adjustment from 18.0JPY/kg (0.15 USD/kg) to 24.0 JPY/kg (0,20 USD/kg) will be filed with J-CAB.
Fuel Price exceeds 190% level of our benchmark for a period of 20 concecutive days Adjustment from 24.0JPY/kg (0.20 USD/kg) to 30.0 JPY/kg (0,25 USD/kg) will be filed with J-CAB.
Fuel Price exceeds 210% level of our benchmark for a period of 20 concecutive days Adjustment from 30.0JPY/kg (0.25 USD/kg) to 36.0 JPY/kg (0,30 USD/kg) will be filed with J-CAB.
Fuel Price exceeds 230% level of our benchmark for a period of 20 concecutive days Adjustment from 36.0JPY/kg (0.30 USD/kg) to 42.0 JPY/kg (0,35 USD/kg) will be filed with J-CAB.
Fuel Price exceeds 250% level of our benchmark for a period of 20 concecutive days Adjustment from 42.0JPY/kg (0.35 USD/kg) to 48.0 JPY/kg (0,40 USD/kg) will be filed with J-CAB.
Fuel Price exceeds 270% level of our benchmark for a period of 20 concecutive days Adjustment from 48.0JPY/kg (0.40 USD/kg) to 54.0 JPY/kg (0,45 USD/kg) will be filed with J-CAB.

Fuel Price below 250% level of our benchmark for a period of 20 consecutive days Adjustment from 54.0JPY/kg (0.45 USD/kg) to 48.0 JPY/kg (0,40 USD/kg) will be filed with J-CAB.
Fuel Price below 230% level of our benchmark for a period of 20 consecutive days Adjustment from 48.0JPY/kg (0.40 USD/kg) to 42.0 JPY/kg (0,35 USD/kg) will be filed with J-CAB.
Fuel Price below 210% level of our benchmark for a period of 20 consecutive days Adjustment from 42.0JPY/kg (0.35 USD/kg) to 36.0 JPY/kg (0,30 USD/kg) will be filed with J-CAB.
Fuel Price below 190% level of our benchmark for a period of 20 consecutive days Adjustment from 36.0JPY/kg (0.30 USD/kg) to 30.0 JPY/kg (0,25 USD/kg) will be filed with J-CAB.
Fuel Price below 170% level of our benchmark for a period of 20 consecutive days Adjustment from 30.0JPY/kg (0.25 USD/kg) to 24.0 JPY/kg (0,20 USD/kg) will be filed with J-CAB.
Fuel Price below 150% level of our benchmark for a period of 20 consecutive days Adjustment from 24.0JPY/kg (0.20 USD/kg) to 18.0 JPY/kg (0,15 USD/kg) will be filed with J-CAB.
Fuel Price below 130% level of our benchmark for a period of 20 consecutive days Adjustment from 18.0JPY/kg (0.15 USD/kg) to 12.0 JPY/kg (0,10 USD/kg) will be filed with J-CAB.
Fuel Price below of our benchmark for a period of 20 consecutive days Suspension of Fuel Surcharge will be filed with J-CAB
* Benchmark ($23.20/Barrel) The average fuel price of Singapore spot market from 1995 through 1999


Fuel Price Trends