995be29bd356425bb5c9dd7c548aa414NOTICETOSHIPPERSSEP07.doc



Lisbon, 01 September 2006

Far East

North Continental Ports / South Mediterranean Ports

Peak Season Surcharge Implementation Asia / North Continental Ports as from August 1, 2006. *

Pls refer to F.E.F.C Conference official notice (see ♦ annex 1)

Reminder : Peak Season Surcharge Implementation Asia / South Mediterranean Ports as from June 1st, 2006.

• Validity : October 31th, 2006.

September 2006 - BAF / CAF Import / Export - North Continental Ports - South Mediterranean Ports **

BAF : USD 305 / 20’ - USD 610 / 40’ // CAF : + 7.7 %

** effective application date : on board date of container(s)

Pls refer to F.E.F.C Conference official notice (see ♦ annex 1)

Canada - USA via Canada

September 2006 - IFP – CAF - Import - Export *

IFP - Canada Import - Export USD 411 / 20’ // USD 822 / 40’

- USA via Canada Import USD 411 / 20’ // USD 822 / 40’

- USA via Canada Export USD 467 / 20’ // USD 933 / 40’

CAF - Canada Export: USD 65 / 20’ - USD 90 / 40’

- USA via Canada Export USD 60 / 20’ - USD 80 / 40’

- Canada / Import USA via Canada Import USD 55 / 20’ - USD 80 / 40’

CAF - USA via Canada Export / September 2006 USD 60 / 20’ - USD 80 / 40’

* effective application date  : Carrier Haulage  : Container(s) pick-up date

Merchant Haulage : Container(s) reception date on terminal

USA

Period : July 16th to September 15th 2006 - BAF / CAF - Import - Export *

- CAF + 8 %

* effective application date  : Carrier Haulage  : Container(s) pick-up date

Merchant Haulage : Container(s) reception date on terminal

Import - Suspension of Los Angeles Call (PAX service)

- Reconduction up to September 30th 2006.

Europe

Portugal Inland Fuel Surcharge - by Truck – (via Lisboa / Leixões)

- Surcharge Fuel : + 7.48 % as from July 1st 2006.

♦ Annex 1 : Far East : F.E.F.C Conference official notice

Quote

FAR EASTERN FREIGHT CONFERENCE (FEFC)

Monthly CAF/BAF and Peak Season Surcharge

The Member Lines of the FEFC wish to advise Shippers:-

Bunker Adjustment Factor (BAF)

The BAF applicable for the month of August 2006 will be USD 296.00 per TEU/USD 14.80 W/M LCL.

Currency Adjustment Factor (CAF)

The CAF applicable for the month of August 2006 will be +7.8 %.

Peak Season Surcharge – From Asia (Excluding Japan) to North Europe/Baltic and Scandinavian Areas

Further to their announcement dated 26th May, Member Lines of the FEFC confirm that a Peak Season Surcharge (PSS) of USD 90 per TEU will apply on cargo moving in the above trade lanes with effect from 1st August 2006. (a PSS is already in place in the Asia/Mediterranean trade). This will remain in place until 31st October 2006.

|FAR EASTERN FREIGHT CONFERENCE (FEFC) |

| |

|Monthly CAF/BAF and Low Sulphur Fuel Surcharge |

| |

| |

|The Member Lines of the FEFC wish to advise Shippers:- |

| |

|Bunker Adjustment Factor (BAF) |

|The BAF applicable for the month of September 2006 will be USD 305.00 per TEU/USD 15.25 W/M LCL. |

| |

|Low Sulphur Fuel Surcharge – Baltic Sea Ports |

| |

|As customers may be aware, under the requirements of the Marpol 73/78 convention, the Baltic Sea is designated as a special area as from 19th May 2006. This |

|means that vessels operating in this area must use fuel oils with a sulphur content not exceeding 1.5%. |

| |

|Therefore, for cargoes to/from Baltic Sea destinations, a Low Sulphur Fuel Surcharge of USD 5/TEU will apply with effect from 1st September 2006. This will |

|be in addition to the FEFC BAF mentioned above. |

| |

|Currency Adjustment Factor (CAF) |

|The CAF applicable for the month of September 2006 will be +7.7 %. |

| |

Unquote.

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Notice to Customers

- Non-Contractual Information

which could be amended without any advice -

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