3rd August 2021

Dear client,

BAF application for September 2021:

Please be advised that as a result of the review of fuel prices during the month of July 2021, there will be an increase to the BAF recovery level for the month of September 2021. The applicable BAF will be as follows:

Routing September 2021 BAF
Asia to Pacific: USD575/TEU, USD1150/FEU and USD34.50/RVT
Pacific to Asia: USD575/TEU, USD1150/FEU and USD34.50/RVT
Inter-Pacific: USD230/TEU, USD460/FEU and USD13.80/RVT

The BAF level will apply to all bills of lading dated from 1st September 2021 until further notice.

Yours faithfully,

Trade Management