1st November 2021

Dear client,

BAF application for December 2021:

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

Routing December 2021 BAF
Asia to Pacific: USD650/TEU & USD1300/FEU
Pacific to Asia: USD650/TEU & USD1300/FEU
Inter-Pacific: USD260/TEU & USD520/FEU

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

Yours faithfully,

Trade Management