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Europe-USA Trade - Update/Deregulation 01.07.2008
Local News
June 04, 2008
Europe/USA Trade - Update / Deregulation 01.07.2008

 Dear customer,

As you may be aware the conference structure is in the process of being disbanded within the European Unionand as a result the commonality amongst pricing structures and surcharges between conference lines is due to disappear. This inevitably leads to a much wider range of charge items being quoted in the market. OOCL has a very strict policy to ensure legal compliance within each country where we operate, so we have developed our own independent Pricing and Surcharge structure based on our own costs and operational requirements.

The fact that the existing conference structure is disbanded means that those individual carriers who choose to charge a fuel adjustment need their own independent method of calculating the charge. Taking this opportunity, OOCL has constructed its own BAF formula to more realistically reflect the current market conditions with regards to this charge. This has lead us to re-assess the pricing structure with regard to the fixed fuel element comprised in the ocean levels.

Please note the OOCL CAF and BAF levels effective as of 01.07.2008 for all shipments from/to US and Mexcio:

OOCL BAF    effective 01.07.08    USD 309/Teu    USEC/Gulf/Mexico
                                                 USD 462/Teu    USWC

OOCL CAF    effective 01.07.08    USD 120/160    
                                                 Westbound per 20/40/45ft container
                                                 USD 90/140      
                                                 Eastbound per 20/40/45ft container

All other surcharges remain in place unchanged until further notice.
For further questions please contact your local OOCL office.

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