Revenue restoration program – Asia Europe Trade (Westbound)

Dear Valued Customer,

The ocean freight rate for the Asia Europe Trade continues to be below the required level to cover basic operating costs. Considering that the current level is unsustainable for the long term, we are announcing a revenue restoration program in order to maintain a viable service level.

With effect from March 1, 2012, freight rate for the westbound traffic from Asia to Europe, will be increased by USD 800 per TEU.

It covers shipments from the Far East (except Japan) to North Europe, the Mediterranean and the Black Sea.

For further information, please kindly contact our local Sales Representatives.

Thank you for your understanding and continued support to OOCL.