21st Nov, 2011

Please be informed that for December 2011, the Fuel Adjustment Factor (FAF) for all cargoes

Ex:     Far East Asia / South East Asia
To:     Middle East / Indian Sub Continent

and

Ex:     Middle East / Indian Sub Continent
To:     Far East Asia / South East Asia

will be revised as follow:

Quantum:  US$467 per 20ft container (for Dry cargo only)
                    US$934 per 40ft container/40ft hi cube container (for Dry Cargo only)
                    US$1294 per 40ft container/40ft hi cube container (for Reefer Cargo only)

Please contact our local Sales and Customer Service Representatives for details and bookings.