LESS EXPORT VOLUME AFTER THE HOLIDAY, O/F GOING DOWN A LITTLE

1. North America Lane: EBS is cancelled. Rates were reduced generally.
2. Europe and Mediterranean area: Rates are stable. Some carriers cancelled PSS after Feb 15th.
3. Australia Lane: Rates haven‘t changed much.
4. Japan & Korea Lane and South East Asia: Rates remain stable.
5. Middle and South America: Rates remain stable.
6. Middle East and ISC area: Rates are reduced.
7. Africa Lane: No much changes on O/F.
8. Stable rates situation on other lanes.