NOTICE TO TRADE

INFORMAL RATE AGREEMENT (IRA)

FAR EAST / MIDDLE EAST TRADE

PEAK SEASON SURCHARGE

We wish to inform that Peak Season Surcharge will be implemented with effect from 15 August 2008 at a quantum of :

USD50/20 and USD100/40’

By applying this Peak Season, we believe that our company will be in a better place to adequately meet the needs of our customers and continue to provide a high standard of service in this trade.

This will apply on top of existing ocean freight rates.  Ocean freights will , furthermore, still be subject to all accessorial surcharges applicable at the time of shipment.

Kindly be guided.

Thank You