4th July 2022

Dear client,

BAF application for August 2022:

Please be advised that as a result of the review of fuel prices during the month of June 2022, there will be an increase to the BAF recovery level for the month of August 2022. The applicable BAF will be as follows:

Routing August 2022 BAF
Asia to Pacific: USD1175/TEU & USD2350/FEU
Pacific to Asia: USD1175/TEU & USD2350/FEU
Inter-Pacific: USD470/TEU & USD940/FEU

The BAF level will apply to all bills of lading dated from 1st August 2022 until further notice.

Yours faithfully,
Trade Management.