Dear Valued Customers,

The economic situation remains uncertain and freight rates are not covering basic operating or transportation costs. This is unsustainable in the long term.

In order to maintain a viable service level and a comprehensive liner network for our customers, OOCL would like to inform you that we have decided to restore freight rates to a more sustainable level.

 With effect from August 1, 2009, freight rates for dry and reefer container shipments from South East Asia (Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia, Philippines, Indian Subcontinent and Middle East) Southbound to Australia will be increased by USD 225 per TEU.

With effect from August 1, 2009, the new BAF quantum for dry and reefer container shipments will be USD460 per TEU from South East Asia (Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia, Philippines, Indian Subcontinent and Middle East) Southbound to Australia, increased by USD85 per TEU.    

Thank you for your understanding and continued support. If you have any questions regarding this notice please contact your local OOCL Representative.