Member Lines wish to inform their customers that following the monthly caf review, a Currency Adjustment Factor (CAF) of + 19.65% will apply with effect from 1st May to 31st May 2008.

The next review period will be April 2008, the result of which will become effective from 1st June 2008.

BUNKER ADJUSTMENT FACTOR

IPBCC Member Lines wish to advise their customers that following the monthly review of bunker costs, the following levels will apply with effect from 1st May 2008:

From/to UK, North West Continent, Scandinavia and the Baltic

FCL Cargo: USD 345.00 per TEU
LCL Cargo: USD 34.50 W/M
Breakbulk Cargo: Plus 96%

From/to the Mediterranean

FCL Cargo: USD 330.00 per TEU
LCL Cargo: USD 33.00 W/M
Breakbulk Cargo: Plus 92%

Member Lines will continue to monitor bunker costs and the level of BAF will be kept under regular review.

Further details may be obtained from Member Lines' offices

On behalf of Member Lines of IPBCC