INCREASE COST FOR ENERGY CHARGE

2007-12-17

Effective January 15, 2008 the Energy Charge is being increased from $75/day to $150/day due to increased fuel costs.

The Energy Charge is applicable for all running refrigerated equipment moving into or out of Honduras, Guatemala, El Salvador, Nicaragua, Costa Rica and Panama.

APPLICABLE IN FOREIGN COUNTRIES:

Following the third (3rd) day after vessel completes discharge on Southbound shipments and the third (3rd) day after receipt of cargo by Carrier on Northbound shipments, the Carrier will assess an Energy Charge of $150.00 per day when the Carrier is required to maintain operating reefers in their terminal facilities.

APPLICABLE IN THE UNITED STATES:

Following the third (3rd) day after vessel completes discharge on Northbound shipments and the third (3rd) day after receipt of cargo by Carrier on Southbound shipments, the Carrier will assess an Energy Charge of $150.00 per day when the Carrier is required to maintain operating reefers in their terminal facilities.