ALL LANES ARE OVERBOOKED BEFORE THE SPRING FESTIVAL

1. BAF and CAF will be adjusted from Feb. On Europe lane, BAF will be USD461/TEU, CAF will be 14.6%. On Mediterranean lane, BAF will be USD456/TEU, CAF will be 14.6%.
2. All the vessels to all the destinations in next week are overbooked now.
3. The O/F rates for European Base Ports and Mediterranean ports remain the same. But those for Southeast Asia and Middle East increased a little bit.
4. COSCO will charge Document Fee at RMB125/Bill for the cargo to Southeast Asia from Feb 1, 2008.