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12th January 2007

NOTIFICATION OF INDUSTRY RATE CHANGES FOR JANUARY 2007

With effect from January 1st 2007, there is a General Rate Increase (GRI) across the industry of $200.00, $400.00 and $400.00 per 20ft, 40ft and 40ftHq.

There will also be an increase on CAF from 7.5% to 8.6%.

Meanwhile the BAF charges have been reduced from $248.00 to $235.00 per 20ft and $496.00 to $470.00 per 40ft.

These new rates will be applicable to all sailings from the 1st January 2007 until otherwise notified.