May 2006 – Newsletter

Hong Kong / South China to North Europe & Mediterranean – BAF & CAF Notice

1) Bunker Adjustment Factor (BAF)

Please be informed that Bunker Adjustment Factor (BAF) of current level USD 270 per TEU will be increased to USD 276 per TEU for the period from May 1 to 31, 2006 in accordance to the Far Eastern Freight Conference’s announcement.

The BAF is applicable to both Westbound and Eastbound freights from/to China and Hong Kong to/from all European & West and East Mediterranean destinations.

20’ Container USD 276.00/container

40’ Container USD 552.00/container

40’ Hi-Cube Container USD 552.00/container

2) Currency Adjustment Factor (CAF)

Please be advised that Currency Adjustment Factor (CAF) will be implemented at 5.4% which based on ocean freight for the period from May 1 to 31, 2005 in accordance to the Far Eastern Freight Conference’s announcement.

The CAF is applicable to both Westbound and Eastbound freights from/to China and Hong Kong to/from all European & West and East Mediterranean destinations.

Hong Kong, Macau & South China to USA & Canada– Carrier Security Charge Notice

Please be informed that Carrier Security Charge USD 6.00 per container will implement for all dry and reefer shipments from Hong Kong, Macau & South China to USA & Canada with effective from May 01, 2006.

Hong Kong, Macau & South China to USA & Canada– Panama Canal Transit Fee

Please be informed that Panama Canal Transit Fee USD 192.00 per container will implement for all dry and reefer shipments from Hong Kong, Macau & South China to USA & Canada with effective from May 01, 2006.

Asia to Panama & Caribbean Sea – General Rate Increase (GRI) Notice

Please be informed that General Rate Increase (GRI) will implement for shipment from Asia to Panama & Caribbean Sea with effective from sailing departing on/after May 01, 2006 as follow:

20’ Container USD 150.00/container

40’ Container USD 200.00/container

40’ Hi-Cube Container USD 225.00/container

Far East to USA – General Rate Increase (GRI) Notice

Please be informed that General Rate Increase (GRI) will implement for shipment from Far East to USA with effective from sailing departing on/after May 01, 2006 as follow:

For West Coast Ports & Group IV States (CA, WA, OR)

20’ Container USD 115.00/container

40’ Container USD 150.00/container

40’ Hi-Cube Container USD 170.00/container

45’ Container USD 190.00/container

Other than West Coast Ports & Group IV States

20’ Container USD 265.00/container

40’ Container USD 350.00/container

40’ Hi-Cube Container USD 395.00/container

45’ Container USD 445.00/container

Discharge at East Coast Ports

20’ Container USD 300.00/container

40’ Container USD 400.00/container

40’ Hi-Cube Container USD 450.00/container

45’ Container USD 510.00/container