PGL latest news

We have been advised by Pacific International Lines of the following changes to the BAF.

From Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia, Philippines and India Subcontinent (India, Pakistan, Sri Lanka & Bangladesh) to Pacific Islands BAF will decrease to US$550 per TEU effective shipments loaded in origin port Asia on or after 01 st April 2010.

SOUTHERN PHOENIX –DELAY TO SCHEDULE

The Southern Phoenix V14 has been delayed in Aitutaki since last Monday 22
February due to cyclone conditions which made discharging the ship unsafe. A
decision was taken to remain in Aitutaki to try and discharge essential cargo for
the island - namely fuel for the power station and aid relief goods needed
subsequent to the devastation caused by Cyclone Pat earlier in February.

The Southern Phoenix sailed over the weekend having discharged sufficient
freight to keep the Island going but unfortunately with some cargo still on board.
The decision to sail had to be taken as the ship was getting low on fuel and there
was also the threat of another cyclone approaching.

This has delayed the next voyage of the Southern Phoenix (V15) by almost a
week. She is now expected to arrive in Auckland this Sunday afternoon - 7 March. Her revised schedule is as follows -

Pacific Direct Line apologises for any inconvenience caused by the delay to the
Southern Phoenix but trust our customers can appreciate that the circumstances
were beyond our control and the decisions taken were based on what we believed
were our moral obligations to the Island of Aitutaki

GREEK CUSTOMS STRIKE SUSPENDED

Please note that after a court of first instance decision over last weekend, instructing termination of the strike of Greek customs officers and staff, strike has been suspended. It is estimated that it will take a couple days to clear backlog at ports/airports/railheads/terminals, generated by a week's strike. Furthermore, petrol stations are now orderly supplied with fuel/diesel. Meantime, an one day general strike will take place on Wednesday 24th February.

STRIKE OF GREEK CUSTOMS

Please be advised that the strike of Greek customs officers and staff that commenced on February 16th is now prolonged to February 24th. During strike period it is not be possible to clear goods through ports/airports/railheads etc, whilst supply of fuel/diesel to petrol stations around the country is suspended. Reserves may last for a few more days.

- EU and non-EU container passage through Greek port gates is stalled. It is noted that EU cargo shipped seaborne is still under customs supervision in this country. However ships will continue loading and discharging operations with port terminals accumulating containers on CY stack depending on terminal capacity. No LCL containers are stripped to CFS.

- Non-EU airfreight is stalled, however, as EU airfreight is not under customs supervision will continue but deliveries to consignees may become impossible due to fuel shortages.

- Road transport from/to EU will continue provided that trucks have received fuel supply outside Greece.

- Railway transport will terminate to railheads if no fuel supplies to deliver by truck.

On overall, the above conditions are expected to slow down materials flow to/from Greece and collections/deliveries will be delayed. Some fuel supplies under urgency will be provided only to ambulances, police vehicles, civil service etc.

South East Asia & Indian Sub continent BAF increase

For your guidance, below please find the latest BAF movements:
Expires 28th February 2010 US$555/20' & US$1110/40'
From 01st March 2010 US$590/20' & US$1180/40'

Should you have any questions concerning this adjustment, please contact your nearest PDL agent or Transam office.

SSNZ BAF Announcement - Match 2010

Due to the ongoing upward trend in the price of bunker fuel this past month, the Swire Shipping/Tasman Orient Line BAF formula has triggered an increase of US25.00 per TEU, USD50.00 per FEU and USD1.25 per RT against the present level.

USD550.00 per TEU
USD1100.00 per FEU
USD26.75 per REVENUE TONNE for breakbulk and LCL cargoes

The surcharge will apply for all consignments showing a Bill of Lading date of 1 March 2010 or later on
the following Swire Shipping/Tasman Orient Line routes:

North Asia Service
From Fiji and New Zealand to Asia (NB)
From Asia to Fiji, New Caledonia and New Zealand (SB)

East/South-East Asia Service
From Fiji and New Zealand to Asia (NB)
From Asia to Fiji, New Caledonia and New Zealand (SB)

We thank you for your understanding on the impact of bunker fuel prices and we appreciate your continued support

New Biosecurity requirements for imported sea containers from 1 March 2010

Please find attached a Biosecurity NZ Fact Sheet outlining new requirements for imported sea containers effective 1st March 2010.

You must ensure clearance documents (including fully completed Quarantine Declaration/s) are sent to us at least 2 working days prior to arrival of any import FCL consignments so we can comply with the "12 hour rule".

Cyclone in French Polynesia

ANNOUNCEMENT OF BAF ADJUSTMENT SOUTH EAST ASIA TO AUSTRALIA / NEW ZEALAND AND PACIFIC ISLANDS

The latest review of bunker fuel prices has resulted in an increase to the Bunker Adjustment Factor (BAF) applied on our South East Asia to Australia / New Zealand and Pacific Islands services.

The BAF will change to US$ 590.00 per TEU on Southbound cargo effective 1st March, 2010 for all South East Asian origins on the basis of B/L (Bill of Lading) dates.

INCREASE IN BUNKER ADJUSTMENT FACTOR (BAF) TO/FROM ASIA TO NEW ZEALAND & PACIFIC ISLANDS

The latest review of bunker fuel prices has resulted in an increase to the Bunker
Adjustment Factor (BAF) applied on our China / Japan / Korea / Hong Kong / Taiwan to New Zealand / Pacific Islands services.

The BAF will change to US$ 555.00 per TEU on Southbound cargo effective 1st March,2010 for all above origins on the basis of B/L (Bill of Lading) dates.

GBH Sailing Schedule & BAF southbound increase

HAMBURG SUD: USASB Emergency Fuel Adjustment Factor (EFAF) - Effective March 15th, 2010

Effective March 15, 2010, the Emergency Fuel Adjustment Factor (EFAF) for all cargo moving out of the United States and Canada to Australia and New Zealand will increase to US $716/20' and US $1432/40'.

Tariff cargo as well as existing service contracts will be subject to this charge.

EFAF will continue to be monitored on a quarterly basis and adjustments will be made following the review period, with the appropriate notice given to the trade.

GBH Sailing Schedule & BAF southbound increase

SERVICE ENHANCEMENT TO OUR NEW ZEALAND-FIJI-NEW CALEDONIA-VANUATU TRADES

In order to meet the growing demands of these trades, we are pleased to announce the replacement of Southern Trader with a larger, more modern and faster ship. The new ship will be named Southern Fleur, and with the ability to carry up to 728 TEU will have some 35% greater cargo carrying capacities than the present ship.

With a service speed of 17 knots, we expect to be able to offer an 18 day frequency, and better schedule integrity than at present. The new ship is expected to enter service on or about 8 March 2010. On this basis, her forward schedule will be as follows:

SOUTHERN FLEUR V182 SOUTHERN FLEUR V183

We look forward to being of continuing service to all of our valued shippers and importers in these trades, and thank you for your support to date. Should you require any further information on this very positive new development, please contact any Reef office or your local agent

BAFs MAERSK updates 02/2010

US CUSTOMS 10 + 2 REGULATIONS ENFORCEMENT FROM 26 JAN 2010

The "10 + 2" rule came into effect on 26 January, 2009 with a 12 month grace period.
Hamburg Sud wishes to remind you that the grace period finishes this month and US
Customs will impose fines and cargo holds from 26 January, 2010 for all non-
compliant cargo.

A key data element of the 10 + 2 report is the Commodity Harmonized Tariff Schedule
of the United States (HTSUS) number. The importer must include the correct
HTSUS number(s) when filing their ISF. Please refer to www.isitc.gov.tata/hts/

US Customs will compare the number reported on the ISF to the number reported on
the manifest. It is therefore important that exporters include the same correct HTSUS
number(s), to at least 6 digits, on your shipping instruction.

TO/FROM U.S. West Coast / Pacific Island Service

Tariff cargo as well as existing service contracts will be subject to this charge.

Please contact your Hamburg Süd representative with any questions that you may have. Toll free 800-833-6638 - San Francisco

Hamburg Sud:Callao Express withdrawal from service

AUS to FIJI and TAHITI BAF Increase

Please be advised that Hapag-Lloyd will adjust the following charges from Australia to Pacific Islands effective January 15, 2010

For further information please contact your local Hapag-Lloyd sales representatives.

Hamburg SUD: Fuel Surcharge NB Increase 1st Jan 2010 & USA Equipment Detention effective 1st Jan 2010

Road Transport Industry response to Ports of Auckland restructure

As you may well be aware, Ports of Auckland recently restructured as part of a cost saving exercise. Bledisloe terminal operations were consolidated to Fergusson Terminal.

The strategy behind this move has not been successful with Fergusson Terminal unable to cope with the container volumes and this has been evident with ships being discharged at Bledisloe Terminal. The issue however is that Bledisloe terminal no longer have the human resources nor the equipment to adequately service the road transport and road carriers have faced many challenges and delays trying to uplift cargoes from Bledisloe terminal via the limited VBS slots avaialble.

The Road Transport Association is appauled that the Port of Auckland are experiencing significant cost savings at the expensive of end customers due to the delays, inefficiencies and poor service standards.

The National Road Transport Association has requested the Port address the issues mentioned and requested a return to the pre-consolidation operating hours with increased human resources, adequate slots and prompt truck turn times. The Road Transport Industry advised the port that if the above issues are not addressed by 2300hours on the 4th December 2009 that the Road Transport Industry (carriers) will no longer deliver or collect containers from Bledisloe but will deliver and receive all containers from Fergusson Terminal only.

The Association hads met with the port on several occasions in an attempt to resolve the situation without success hence the above action being taken. We will keep you informed of all developments as we are advised but please note the background to the action being taken and note that this may affect receivals and deliveries if no resolution is sought.

Notice to Shippers - Southern Phoenix and Southern Lily

Terminal Operations Update

This coming week we are undertaking a special vessel exchange where one ship is being taken out of service and replaced by another - entailing a complete discharge and loading of those two ships. With this extra manoeuvre coming on top of what was already our busiest week since March 2007, we expect to handle around 16,000 containers or 22,000 TEU (an all-time record).

The line concerned has deliberately chosen to delay another couple of their ships so that we can spread the load over the week. However, due to the heavy demand, we are anticipating that it will take us longer to move cargo off the wharves than normal.

To minimise the downstream effect on our trucking customers we will be extending the free period on all imports by a further 48 hours for any vessels affected, and ask for your cooperation and patience as we deal with this significant one-off event.

SOUTHBOUND TRADE ANNOUNCEMENT Australia/New Zealand Services

(Morristown, NJ - November 2, 2009) Effective December 15, 2009, the Emergency
Fuel Adjustment Factor (EFAF) for all cargo moving out of the United States and
Canada to Australia and New Zealand will increase to US $644/20' and US $1288/40'.

Tariff cargo as well as existing service contracts will be subject to this charge.

EFAF will continue to be monitored on a quarterly basis and adjustments will be made
following the review period, with the appropriate notice given to the trade.

Please contact your Hamburg Süd representative with any questions that you may
have.

BUNKER ADJUSTMENT FACTOR ON CARGO FROM NEW ZEALAND TO USA, CANADA, MEXICO, CARIBBEAN AND SOUTH/CENTRAL AMERICA

The latest monthly review of the northbound Bunker Adjustment Factor (BAF) has calculated an
increase in the required level of BAF as below.

DRY and REEFER cargoes from US$615 to US$630 per TEU
TIMBER cargoes from US$601 to US$616 per FEU

The revised BAFs will be effective 1st December 2009 from the following sailings:

- USA East Coast / Canada / South & Central America / Caribbean via Panama:
Tatiana Schulte 943: ETD Timaru 6 December / Port Chalmers 7 December / Napier 9 December / Tauranga 10 December / Auckland 11 December 2009

- USA West Coast / Canada / Mexico PSW:
Cap Bon 149: ETD Tauranga 3 December 2009

Mexico via Asia:
JPO Leo 89: ETD New Plymouth 6 December / Nelson 7 December / Lyttelton 8 December / Napier 10 December / Tauranga 11 December 2009

The bunker price situation is being kept under monthly review, and we will advise you as and when any
further adjustments, either upward or downward, to the level of the BAF become warranted.

Draft Policy on Split Shipments

The New Zealand Customs Service has prepared a draft policy on split shipments and we are seeking industry feedback on the proposed approach.

The draft policy supports the importation of goods, such as plant or machinery, which cannot be sent to New Zealand in one shipment due to the size or nature of the goods. A set of criteria are proposed that would be used to assess applications for split shipments, which would provide certainty for business and importers.

You can find a copy of the policy attached.

We would appreciate your feedback on the policy. Please provide feedback by 20 November 2009.

INLAND TARIFF FUEL SURCHARGE Northbound USA / Canada / Mexico

Fuel Surcharges from our North American Rail and Trucking vendors have adjusted, requiring
us to revise the Inland Tariff Fuel Surcharge.

Hamburg Sud would like to advise with effect from 1st December 2009 the Northbound Inland
Fuel Surcharge will increase from 14.0% to 15.0%.

Ex New Zealand, the revised fuel surcharge will apply to North American, Canadian and
Mexican tariff inland costs for cargo received from the following vessels;
- US East Coast / Canada via Panama Canal:
Tatiana Schulte 943: ETD Timaru 6 Dec / Port Chalmers 7 Dec / Napier 9 Dec / Tauranga 10 Dec
/ Auckland 11 Dec 2009

- Mexico via Busan:
JPO Leo 89: ETD New Plymouth 6 Dec / Nelson 7 Dec / Lyttelton 8 Dec / Napier 10 Dec /
Tauranga 11 Dec 2009

The inland fuel price situation is being kept under review, and we will advise you as and when
any further adjustments, either upward or downward, become warranted.

NEW WEEKLY AIR CARGO SERVICE LOS ANGELES - TAHITI

SOUTHBOUND TRADE ANNOUNCEMENT

(Morristown, NJ - October 16, 2009) Effective December 1, 2009, a General Rate
Increase (GRI) will be applied to all cargo moving from the United States of America &
Canada to Australia & New Zealand.

Tariff cargo as well as existing service contracts will be increased by the following
amounts:

Please contact your Hamburg Süd representative with any questions that you may
have.

Rarotonga Service October 2009

Pacific Direct Line, the leading total logistic provider to the Pacific islands is
pleased to announce a new service to the Cook Islands.
Commencing in December the Southern Phoenix will operate a regular 18 day service from Auckland to Rarotonga.

ISPS (International Security Port Surcharge)

Hamburg Sud NZ Ltd wish to advise effective from 15
th November 2009 the ISPS surcharge will increase from US$ 6.00 per container to US$ 8.00 per container.

The new surcharge will be applicable from the following vessels ex New Zealand:
US East Coast / South & Central America / Caribbean / Europe via Panama: Cap Beatrice 941: ETD Auckland 27th November 2009

US West Coast / Papeete PNW:
Cap Palmerston 787: ETD Auckland 29th November 2009

Asia & Destinations Serviced via Asia:
ACX Diamond 97: ETD Tauranga 27th November 2009

Vanuatu GRI

For some time now we have been concerned about the delayed schedule of the Southern Trader.

We have looked closely at her performance and can attribute the delay to the length of time
the ship spends discharging and loading in Vanuatu.

The main reasons are
- Port congestion at Pt Vila,
- Having to vacate the working berth for Cruise Liners
- A lack of infrastructure to work vessels and deliver containers efficiently.

This is obviously a cost to the Line and regrettably we are no longer in a position to absorb
the increased costs.

Therefore we wish to inform all shippers and consignees that a General Rate Increase will apply to the NZ to Vanuatu tariffs as follows.

FAK cargo: NZ$300 per FCL
General Cargo: NZ$100 per FCL
Break bulk: NZ$10 per m3/tonne
LCL: NZ$10 per m3/tonne

Should you have any queries or require further information please contact your nearest
Pacific Direct Line agent

SAMOA TSNUMAI APPEAL COMMITTEE

As most of you are aware the shipping and forwarding community collectively or on their own merits have provided container services for those parties wishing to send donated goods to help those affected by the recent tsunami in Samoa and American Samoa.

Presently we have a situation whereby there are still people wanting to deliver goods but do not know whom to contact or are unsure as to who may be packing.

Please note the details for the Tsunami Appeal Committee attached and also details for regional drop off points for those people wishing to contribute a few items.

We hope that you will be able to pass these details on to those people that you may receive an enquiry from.

Specific items being requested by the Tsunami Appeal Committee are; plastic containers / buckets / bottles, canned food, rice, basic gardening tools, clothing and bedding.

COOK ISLANDS TRADE NOTICE

We wish to advise you of changes regarding future shipments of Personal Effects to the
Cook Islands.

Please kindly note that a list of contents is required by the consignee. A copy of the contents list
should be provided to Pacific Gate Logistics to send to destination with manifest/documents for
ease of information/processes.

The following items are prohibited from shipment to the Cook Islands as personal effects unless a
customs import license is held.

Please also kindly note that ALL food and new items will incur Customs VAT of 12.5% on cost of
goods and freight. Levy charges on soft drinks and/or energy drinks shall also be incurred.

We strongly suggest that all receipts are kept for ease of destination customs processes.

If you require any further information and/or assistance please do not hesitate to contact us.

Tsunami Relief

Pacific Direct Line management and staff have been shocked by the news of the Tsunami that struck Samoa and American Samoa and the northern most islands
of Tonga last week.

The partners in the Line have met to discuss the best way we can assist with
transporting aid to the affected areas and have agreed to donate $30,000 in
freight to assist.

The Tsunami Auckland Samoa 09 committee has been set up to coordinate
the distribution of aid and we have decided to donate our freight contribution via
this committee.

This committee is a joint effort comprising key community people in Auckland,
Church leaders, City Leaders and Government organisations and they will arrange
the packing and distribution of donated goods and ensure they will get to the
affected villages.

If you have any goods to be donated, you can either contact
"The Tsunami 2009 Appeal c/o Consulate General of Samoa, Auckland, Samoa
House, 283 Karangahape Road, Auckland.

Or look at the website
www.samoatsunami2009appeal.org
or Phone: 09 3031012 Fax: 09 3021168

South Auckland Collection Centre:
Te Wananga Aotearoa, 15 Canning Crescent, Mangere, Auckland

West Auckland Collection Centre:
Mau Theatre, Corban Estate, 426 Great North Road, Henderson, Auckland

TO/FROM U.S.West Coast / Pacific Island Service

Please be advised Effective November 1, 2009 the Emergency Fuel Surcharge for all cargo moving To/From US/Canada and the South Pacific Islands will increase to USD679/20 and USD1358/40.

Tariff cargo as well as existing service contracts will be subject to this charge.

Efaf will continue to be monitored on a quarterly basis and adjustments will be made following the review period, with the appropriate notice to the trade.

BUNKER ADJUSTMENT FACTOR ON CARGO FROM NEW ZEALAND TO USA, CANADA, MEXICO, CARIBBEAN AND SOUTH AMERICA

The latest monthly review of the northbound Bunker Adjustment Factor (BAF) has calculated an increase in the required level of BAF as below.

DRY and REEFER cargoes from US$610 to US$615 per TEU
TIMBER cargoes from US$596 to US$601 per FEU

The revised BAFs will be effective 1st November 2009 from the following sailings:

- US East Coast / South & Central America / Caribbean via Panama Canal: Cap Beaufort 939: ETD Timaru 8 November / Port Chalmers 9 November / Napier 11 November / Tauranga 12 November / Auckland 13 November 2009

- Mexico via Busan:
Cap Capricorn 929: ETD New Plymouth 8 November / Nelson 9 November / Lyttelton 10 November / Napier 12 November / Tauranga 13 November 2009

The bunker price situation is being kept under monthly review, and we will advise you as and when any
further adjustments, either upward or downward, to the level of the BAF become warranted.

New BAFs MAERSK from 1er October 2009

CMA CGM in Finance Ministry talks

CONTAINER shipping group CMA CGM is believed to be preparing to meet French Finance Ministry officials and its creditor banks this week to discuss its financial situation, writes Andrew Spurrier .

The website of the business magazine, Challenges, reported that the meeting was scheduled to take place before the end of this week.

A group spokesman did not deny the fact that a meeting to discuss its financial situation was due to take place, but did not confirm it either.

"CMA CGM does not comment on market rumours or the existence or state of progress of eventual discussions or their context," he said.

"As we have said on several occasions, CMA CGM is actively working on several questions relating to its development and the financing of the latter."

Group chairman Jacques Saadé conceded earlier this month that the group was heading for an unquantified loss this year, but said he was hopeful that

it could return to break-even or even a small profit in the first quarter of next year.

He also indicated that the group was planning to dispose of non-strategic assets in an attempt to improve its cash position.

The group is also expected to be among the candidates looking for access to the €1.2bn ($1.8bn) guarantee fund, which the French owners' organisation, Armateurs de France, is hoping to persuade the government to set up to help owners meet demands from their banks for extra security against ship loans.

An industry source said that the Finance Ministry meeting this week was not connected with ongoing discussions between AdF and ministry officials on the feasibility of setting up such a fund drawing on the €20bn sovereign fund set up by the French government to help strategically important companies deal with the effects of the global economic downturn.

According to Challenges, however, the government could be considering helping CMA CGM with resources drawn from the same sovereign fund.

CMA CGM has been particularly active in its efforts to deal with the effects of the fall in international trade volumes. It has put into effect a series

of restructurings of its lines, struck up capacity-reducing agreements with other leading operators and sought to introduce wide-ranging rate increases on its principal routes.

However, it has given little indication of the extent of its financial problems, preferring to present itself as being confronted with comparable but no worse difficulties than its container shipping peers.

In the speech he delivered to French employers' organisation Medef earlier this month, Mr Saadé addressed an enigmatic appeal to European banks and the "competent authorities" to safeguard Europe's three leading container shipping companies - Maersk Line, MSC and CMA CGM - and, with them, the future of the European maritime sector.

BAF REVIEW EX NEW ZEALAND TO FIJI AND FIJI TO NEW ZEALAND

As part of the on-going review process of BAF surcharges we wish to advise that the BAF on the New Zealand to Fiji, and the Fiji to New Zealand trades will be increasing effective the Southern Trader V175.

Should you have any queries or require additional information, please contact your local Sofrana representative.

BAFs MAERSK Update 09/2009

Export and Import Documentation Fees

Hamburg Sud NZ Ltd wish to advise that a review of our longstanding export and import documentation charges has resulted in the requirement for the following increased charges to apply from 1 November 2009 :

Export Documentation Fee:
NZD 35 per bill of lading if Shipper Instruction received via Inttra

SOUTH EAST ASIA AND SOUTH ASIA TO NEW ZEALAND Rate Restoration

In order to maintain our high level of service and extensive port coverage we would like to
advise of the implementation of a Rate Restoration (RR) on all Southbound shipments on our
East South East Asia service to New Zealand effective from 15th October 2009.

The RR will be effective for all Southbound shipments from South East Asia (Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia, Philippines) and South Asia (Pakistan, Sri
Lanka) to New Zealand as follows;

If you require any further information, please do not hesitate to contact your local Swire Shipping
office.

Notice to shippers - Asia BAF update 16/09/09

We have been advised by Pacific International Lines of the following changes to the BAF.

From China ,Taiwan, Hong Kong, Korea and Japan to the Pacific Islands BAF will increase to US$475 per TEU effective shipments loaded in origin port Asia on or after 25th September 2009.

Should you have any questions concerning this adjustment please contact your nearest PDL agent or Transam office.

COSCO (New Zealand) Ltd would like to advise our valued customers of the forthcoming adjustment in our Bunker Adjustment Factor.

The revised Bunker Adjustment Factor is applicable to all southbound shipments to New Zealand (except those from Europe & Mediterranean origins) and to all northbound shipments from New Zealand.

Should you require any further information please do not hesitate to contact your local Customer Service or Sales & Marketing team on 0800 22 88 88.

NORTH ASIA TO NEW ZEALAND General Rate Increase

In order to maintain our high level of service and extensive Port coverage we would like to
advise of the implementation of a General Rate Increase (GRI) on all Southbound shipments on
our North Asia service to New Zealand effective from Voyage 0917s - Tasman Mariner ETD
Shanghai 25/9.

The GRI will be effective for all Southbound shipments from Taiwan, Hong Kong, China and
Korea. The GRI will be USD$300 per TEU and effective for all dry and refrigerated cargo.

INLAND TARIFF FUEL SURCHARGE Northbound USA / Canada / Mexico

Fuel Surcharges from our North American Rail and Trucking vendors have adjusted, requiring us to revise the Inland Tariff Fuel Surcharge.

Hamburg Sud would like to advise with effect from 2nd October 2009 the Northbound Inland Fuel Surcharge will increase from 13.0% to 14.0%.

Ex New Zealand, the revised fuel surcharge will apply to North American, Canadian and Mexican tariff inland costs for cargo received from the following vessels;

- US East Coast / South & Central America / Caribbean via Panama Canal:
Maersk Jaun 936: ETD Timaru 6 October / Port Chalmers 7 October / Napier 9 October /
Tauranga 10 October / Auckland 11 October 2009

- Mexico via Busan:
Cosco Yingkou 021: ETD New Plymouth 3 October / Wellington 4 October / Lyttelton 6 October /
Napier 7 October / Tauranga 9 October 2009

The inland fuel price situation is being kept under review, and we will advise you as and when
any further adjustments, either upward or downward, become warranted.

NOTICE OF INCREASE TO BUNKER ADJUSTMENT FACTOR (BAF)

Due to the ongoing upward trend in the price of bunker fuel this past month, the Swire Shipping/Tasman
Orient Line BAF formula has triggered an increase of USD25.00 per TEU, USD50.00 per FEU and
USD1.25 per RT against the present level.

USD475.00 per TEU
USD950.00 per FEU
USD23.00 per REVENUE TONNE for breakbulk and LCL cargoes

All consignments showing a Bill of Lading date of 1 October 2009 or later on the following Swire Shipping/Tasman Orient Line routes will be effected by the BAF increase:

We thank you for your understanding on the impact of bunker fuel prices and we appreciate your continued support.

For further information please do not hesitate to contact your local Swire Shipping representative.

IMPORTANT NOTICE TO CUSTOMERS CHANGE OF MANIFEST FEE APIA SAMOA

Samoa Ports Authority have introduced an amendment fee of Samoa Tala (WST) 250 should a Manifest/Bill of
Lading require amendment within 24 hours of the vessel's arrival.

So it is vitally important that Shipping instructions received from customers are accurate and if they require
amendment that this is done prior to the 24 hour deadline otherwise the Samoa Tala (WST) 250 fee will be
applied and invoiced to the party requiring the amendment.

If you have any questions regarding above, please contact your nearest Reef agent.

IIMPORTANT NOTIICE FOR NEW ZEALAND TO FIIJJII CUSTOMERS

Hamburg Süd wishes to advise customers that following a review of current bunker
levels applicable in the New Zealand to Fiji trade, a BAF of USD 70/TEU will be
applBased on current schedules the first effective vessel is:

Should you have any queries, please do not hesitate to contact your local Hamburg Süd Customer Services Departments on the following toll-free numbers:
Exports: 0508 222 444

NORTH EAST ASIA TO NEW ZEALAND GENERAL RATE INCREASE (GRI)

In order to continue to maintain a high standard of service for our clients, Hamburg Süd will introduce
a "General Rate Increase" (GRI) on its Southbound North East Asian Trade to New Zealand with effect from 21st September 2009, sailing from China (first applicable voyage : ACX Diamond 096S)

From 21st September 2009 all outward shipments with origin in China, Hong Kong, Taiwan, Korea and
Japan to ports and points in New Zealand will levy an increase of US$300/TEU and US$600/FEU for
both dry and refrigerated cargo in the base ocean freight. This increase will apply in full on top of
existing ongoing market and all non-contract rates, and will be subject to accessorial surcharges
applicable at the time of shipment.

The General Rate Increase will be applied for all cargo with on-board date of 21st September 2009
onwards

Please contact your local Hamburg Süd representative for further information. Thank you for your
continued support of our services.

CHANGE OF MANIFEST FEE AT APIA

Samoa Ports Authority has introduced an amendment fee of Samoan Tala 250 if the manifest / bill of lading are amended within 24 hours of the vessel arrival.

It is vitally important that shipping instructions received from our customers are accurate and that if they do require to be amended, that this is done prior to the 24 hour deadline.

Any amendments requested after the 24 hour deadline will incur a Tala 250 fee to be paid by the customer requesting the amendment.

CARRIER SECURITY FEE EAST/SOUTH EAST ASIA & NORTH ASIA

Due to the ongoing and increasing cost of maritime and carrier security levels, with effect from 1st October
2009, we will be introducing a Carrier Security Fee that our East/South East Asia and North Asia services
had previously absorbed.

This charge will be applicable to all import and export containerised and break bulk cargoes into Australia,
New Zealand and Pacific Islands on or after 1st October 2009. This Fee is payable by the freight payer.

The first effective vessels as follows:
Tasman Challenger 0919N
Tasman Trader 0918S
Tasman Endeavour 0931N
Tasman Campaigner 0931S

For further information please do not hesitate to contact your local Swire Shipping representative.

BAF Adjustment

We have been advised by Pacific International Lines of the following changes to the BAF.

From Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia, Philippines and India Subcontinent (India, Pakistan, Sri Lanka & Bangladesh) to Pacific Islands BAF will increase to US$515 per TEU effective shipments loaded in origin port Asia on or after 01st October 2009.

Expires 30th September 2009 : US$475/20' & US$950/40'
From 01st October 2009 : US$515/20' & US$1030/40'

Should you have any questions concerning this adjustment please contact your nearest PDL agent or Transam office.

ASIA TO PACIFIC ISLAND TRADE GENERAL RATE INCREASE (GRI)

In order to continue to maintain a high standard of service for our clients, Hamburg Süd will
introduce a "General Rate Increase" (GRI) on its Southbound Asia to Fiji Trade with effect
from 15th September 2009.

From 15th September 2009 all outward shipments with origin in North East Asia and South
East Asia to ports and points in Fiji will levy an increase of US$250/TEU and US$500/FEU for
both dry and refrigerated cargo in the base ocean freight. This increase will apply in full on top
of existing ongoing market rates and will be subject to accessorial surcharges applicable at the
time of shipment.

The General Rate Increase will be applied for all cargo with on-board date of 15th September
2009 and onwards.

Please contact your local Hamburg Süd representative for further information. Thank you for your continued support of our services.

New phytosanitary regulation

Annex II attached, is now mandatory for all shipments (Breakbull, LCL and FCL container) , it can be completed by the supplier or
forwarder of origin and must be transmitted prior to the arrival of the vessel at phyto-sanitary service of Nouméa.

Moreover those who completed this document is responsible for this statement and the consequences if it is incomplete or false.

The Annex II is international and apparently already used between several countries !!!!!

We must complete this document for:
- The cleanliness of all shipments, even vehicles: no trace of earth, dirt, insects, grass etc etc.
- If there are woods (pallets or wood packaging or dunnage) they must be standard NIMP15

NEW PHYTOSANITARY REGULATIONS

We wish to advise you that shipments to New Caledonia are now
subject to ISPM15 protocols.

It is now mandatory for all shippers to complete a Quarantine Declaration. Please also note that all cargoes of wooden origin/packing must be either fumigated or packed on ISPM15 compliant pallets/crates.

Failure to do so will result in delays, additional fees and fines at destination.

For further information or confirmation of fumigation costs/requirements please contact our export team email: exports@pglnz.co.nz

NORTH EAST ASIA TO NEW ZEALAND PEAK SEASON SURCHARGE (PSS)

In order to maintain a high standard of service for our clients, Hamburg Süd will introduce a
"Peak Season Surcharge" (PSS) on its North East Asian Trade for export shipments from
China, Hong Kong, Korea, Taiwan and Japan to New Zealand.

The Peak Season Surcharge (PSS) will be US$ 250.00 per TEU effective 1st September 2009
on the basis of B/L (Bill of Lading) dates.

Please contact your local Hamburg Süd representative for further information. Thank you for your continued support of our services.

One bill of lading per Consignee

We have noticed that a few of you are receiving bill of ladings which are for multiple consignees. Please note that this arrangement can cause possible delays and complications in doing clearance in ASYCUDA. Therefore as an advice to avoid these possible delays and complications, could you please advise your counterparts abroad to limit one bill of lading to one consignee. If they are not able to do this then that's fine but your clients might face difficulties in doing their clearance in ASYCUDA

BAFs MAERSK updates 09/2009

SERVICE ENHANCEMENT – PACIFIC ISLANDS SERVICE

As part of the continuing process to enhance our service profile in the Pacific, we are pleased to advise
that Swire Shipping's Pacific Island's service is to be improved with effect July 09. Pacific Horizon will be
deployed to enhance direct port coverage in the Pacific to/from Melbourne, Sydney, Brisbane, Noumea,
Vila, Santo, Suva, Lautoka and Tarawa. A complimentary Noumea service will also be maintained with
Pacific Pathfinder continuing her calls to New Caledonia. This will provide regular and reliable scheduling
for delivery of cargo to/from the Pacific from Australia.

Attached is the new Pacific Islands schedule, where the following key changes should be noted:

Vessels: Pacific Horizon and Pacific Pathfinder
Cargo capability: Containerised and break bulk
Service Framework: Two vessels on a 30 day rotation
Sailing frequency: 2 sailings per month ex Australia

Direct port calls:
i) Pacific Horizon: Melbourne, Sydney, Brisbane, Noumea, Vila, Santo, Suva, Lautoka and Tarawa

ii) Pacific Pathfinder: Melbourne, Port Kembla, Brisbane, Noumea, (Prony Bay on inducement)

New Zealand ports will be serviced via Australia and Fiji.
Marshall Island's cargo will be delivered via Tarawa.
Micronesian cargo will be delivered via Tarawa and Majuro.

We are confident that these improvements to the Pacific Islands service will not only reflect a much
improved service level to you, the customer, but will ensure a robust and sustainable service framework
that can be relied upon as we look to the future.

For further information please do not hesitate to contact your local Swire Shipping representative.

U.S. West Coast / Pacific Island Service

We have been informed that the Niu Polynesia v. 396s sustained damage to an on-board vessel crane during cargo operations in Oakland on July 31, 2009. The vessel will undergo temporary repairs upon arrival in Tahiti. Thereafter, the vessel will resume the voyage, calling Apia and Pago Pago.

It is expected that permanent repairs will be completed at the end of the voyage in Long Beach.

A revised schedule will be circulated as soon as the repair requirements are fully evaluated.

Please contact your Hamburg Süd representative with any questions that you may have toll free 800-833-6638.

New Demurrage Processes

As of July 6 2009, the Ports of Auckland changed the way in which they calculate demurrage. From July 6, Sunday's are now counted as working days where previously they hadn't been.

Containers requiring X-Ray

On June 18, the Customs X-Ray Truck relocated from the Fergusson Terminal to the Bledisloe Terminal.

With the consolidation of the Fergusson and Bledisloe Terminals now nearing completion, the Ports of Auckland are attempting to process all vessels through the Fergusson Terminal. Essentially what this means is that the majority of containers that are required to go through the X-Ray need to be uplifted from the Fergusson Terminal and driven down to the Bledisloe Terminal where they are run through X-Ray.

This adds to the distance the drivers are required to travel to deliver the container and also increases the time that these deliveries take. With this in mind we will be implementing a $60.00 ancillary fee (exclusive of FAF and GST), for all containers that are required to go through Customs X-Ray. We have approached the Ports of Auckland to see how much they would charge to take the container from the Fergusson Terminal through X-Ray at the Bledisloe Terminal and they have quoted us $100.00 (an additional $40.00).

It is important to note that recently we have modified our container process when a container is instructed by Customs to go through X-Ray. This has been done to ensure that all containers requiring X-Ray are X-Rayed. Customs can impose a penalty up to $25,000.00 where a container fails to go through X-Ray when instructed, so it is vital that all correct documentation is sent through with an email cover note highlighting the X-Ray requirement.

Asia BAF Update 18/09/2009

We have been advised by Pacific International Lines of the following changes to the BAF.

From China ,Taiwan, Hong Kong, Korea and Japan to the Pacific Islands BAF will increase to US$450 per TEU effective shipments loaded in origin port Asia on or after 1st September 2009.

Should you have any questions concerning this adjustment please contact your nearest PDL agent or Transam office.

Maersk Expects Idled Container Fleet to Expand 66 percent by Next Year 30 Jul 2009

A.P. Moeller-Maersk A/S., the world's largest container-ship operator, expects industrywide box-ship lay-ups to expand 66 percent by early next year as new-vessel deliveries continue amid slowing world trade. The capacity of the laid-up fleet will likely rise to 2 million twenty-foot containers from 1.2 million by late this year or early 2010, Anthony Randall, Australian sales director at Maersk's container unit, told a conference in Melbourne today.

"It's desperate times," he said. "We've got declining volumes, lines have been busy fighting for market share, and consequently rates have fallen to an unsustainable level." Container lines have slashed fees and idled vessels as U.S.

and European consumers pare purchases of Asian-made goods amid the global recession. Maersk Line's first-quarter volumes tumbled 14 percent, while its rates plunged 24 percent.

"The speed at which the decline has occurred has caught everyone off guard," Randall said. "Over the past months, freight levels have hit low points and now carriers are busy trying to restore rates to respectable levels."
As of July, container lines had idled 11 percent of the global fleet in terms of capacity, Randall said. Ships with a combined capacity of 800,000 containers are due to be delivered in the second half of this year, followed by a further 1.7 million boxes' worth next year, he added.
Maersk Line, which operates some 470 vessels and owns about
1.9 million containers, lost $559 million in the first quarter.

Parent A.P. Moeller-Maersk, Denmark's largest company by sales, also owns the Nordic region's second-largest oil and gas explorer, a 20 percent stake in Denmark's largest bank, Danske Bank A/S, and a tanker unit.

Bunker Adjustment Factor (BAF)

Due to the continued rebound in global fuel prices it has become necessary for Greater Bali to increase its Southbound fuel surcharge or Bunker Adjustment Factor (BAF) by the following quantum's of USD 50/TEU and USD 2.50/RT.

As such, the following BAF will be applied on all Southbound containerised, breakbulk and LCL cargoes (excluding vehicles) effective from Tropical Islander v.04S:

If you have any further enquiries please do not hesitate to contact your local GBH agent.

SERVICE ENHANCEMENT – PACIFIC ISLANDS SERVICE

Attached is the new Pacific Islands schedule, where the following key changes should be noted:

Vessels: Pacific Horizon and Pacific Pathfinder
Cargo capability: Containerised and break bulk
Service Framework: Two vessels on a 30 day rotation
Sailing frequency: 2 sailings per month ex Australia

Direct port calls:
i) Pacific Horizon: Melbourne, Sydney, Brisbane, Noumea, Vila, Santo, Suva, Lautoka and Tarawa
ii) Pacific Pathfinder: Melbourne, Port Kembla, Brisbane, Noumea, (Prony Bay on inducement)

New Zealand ports will be serviced via Australia and Fiji.
Marshall Island's cargo will be delivered via Tarawa.
Micronesian cargo will be delivered via Tarawa and Majuro.

INLAND TARIFF FUEL SURCHARGE Northbound USA / Canada / Mexico

Fuel Surcharges from our North American Rail and Trucking vendors have adjusted, requiring us to revise the Inland Tariff Fuel Surcharge.

Hamburg Sud would like to advise with effect from 1st September 2009 the Northbound Inland Fuel Surcharge will increase from 12.0% to 13.0%.

Ex New Zealand, the revised fuel surcharge will apply to North American, Canadian and Mexican tariff inland costs for cargo received from the following vessels;

US East Coast / South & Central America / Caribbean via Panama Canal:
Patricia Schulte 932: ETD Timaru 8 Sept / Port Chalmers 9 Sept / Napier 11 Sept / Tauranga 12 Sept / Auckland 13 Sept 2009

The inland fuel price situation is being kept under review, and we will advise you as and when any further adjustments, either upward or downward, become warranted.

SOUTHBOUND TRADE ANNOUNCEMENT

(Morristown, NJ - August 3, 2009) Effective September 15, 2009, the Emergency Fuel Adjustment Factor (EFAF) for all cargo moving out of the United States and Canada to
Australia and New Zealand will increase to US $540/20' and US $1080/40'.

Tarif cargo as well as existing service contracts will be subject to this charge.

EFAF will continue to be monitored on a quarterly basis and adjustments will be made following the review period, with the appropriate notice given to the trade.

Please contact your Hamburg Süd representative with any questions that you may have.

BAF Adjustment

We have been advised by Pacific International Lines of the following changes to the BAF.

From China ,Taiwan, Hong Kong, Korea and Japan to the Pacific Islands BAF will increase to US$425 per TEU effective shipments loaded in origin port Asia on or after 1st August 2009.

Expires 31st July 2009 US$375/20' & US$750/40'
From 01st August 2009 US$425/20' & US$850/40'

Should you have any questions concerning this adjustment please contact your nearest PDL agent or Transam office.

REVISED BUNKER ADJUSTMENT FACTOR & CURRENCY ADJUSTMENT FACTOR – PACIFIC ISLANDS / PNG SERVICE

Please be advised that with effect 5 August 2009, due continuing rises in world fuel prices, the
Bunker Adjustment Factor (BAF) for Swire Shipping's Pacific Islands and PNG Services will
increase as follows:

Northbound and Southbound
Current Rates: USD 448.00 / TEU, USD 896.00 / FEU and USD 22.40 / RT
New Rates: USD 473.00 / TEU, USD 946.00 / FEU and USD 23.65 / RT

Effective:
Arrival Melbourne MV Pacific Harmony v108N
Arrival Melbourne MV Pacific Horizon v009N
Arrival Port Moresby MV Highland Chief v116S

The Currency Adjustment Factor (CAF) for Swire Shipping's Pacific Islands and PNG Services
will remain unchanged.

Northbound and Southbound
Current Rates: 3.15% on all Australian Dollar (AUD) freight rates

For further information please do not hesitate to contact your local Swire Shipping representative or our Customer Service Department in Australia on 1300 550 505 or in New Zealand on 0800 947 947.

ISF 10+2 FORM AND INFOS FROM US CUSTOMS

As Customs and Border Protection will implement a new rule ISF 10+2, to require Importer and Ocean Carrier for additional data which include 10 data elements to be filed 24 hours before vessel depart from the foreign port, 2 date elements 48 hours after departure and date update before 24 hours arrival into the United States.

Customs allow the industry a year from the effective date to get use to this change before apply any fines and penalty. Failure to do so or wrong information provided starting from January 2010, the importer will face liquated damages in the amount of $5000 per ISF filing.

We/Vinpac Lax currently has a software established called ISF, provided by our current AMS provider, connected with US Customs to have ISF filing accepted online. We already made online ISF filing sucessfully for some of our current clients from June, 09. We currenty bill at $25/filing.

So, now is the good suitable time for trial period to get used with the ISF systems as well as shipper & cnee understood the procedure of required information they need to provide for their shpts to complete the ISF 10+2 Form. From now until End of Dec, 09, if there was some delay on the due date, there still NO charge applied.

HOWEVER, there will be fines and penalty apply for all shpts starting from Jan, 2010.

Therefore, the loading Agents/Forwarders/Brokers must completed this filing before DUE DATE.

For example, if shpt will ETD at loading port on 03/JAN/2010, the lastest due date for ISF filing is 01/JAN/2010 show on ISF systems

(Pls also note for the time zone different, if you would like Vinpac Lax to make filing, Vinpac must receive completed ISF infos on 31/DEC/2009 latest 3pm our local time to make filing, also Vinpac Lax will closed on Saturday & Sunday, therefore, yr infos must be provided before due time)

Pls find attd docs for yr ref.
1) ISF 10+2 FORM, shipper & cnee must responsible to complete fill out the infos.
2) ISF Notice from Vinpac
3) ISF notice from US Customs for study

We appreciated your value support and if you should have any questions or need assistance, please do not hesitate to contact us anytime.
You can send email to Jane & Winson for further assistance.

Thanks & Best Regards,
Jane Nguyen / Customer Services

VINPAC CONTAINER LINE (L.A.) INC.
17723 S. Susanna Road,
Rancho Dominguez , CA 90221
TEL#: 310-900-0188 (EXT 107)
FAX#: 310-900-0183
EMAIL: JANENGUYEN@LA.VINPAC.COM
WEBSITE: WWW.VINPAC.COM

All transactions are subject to the Company's Standard Trading Conditions (copy is available upon request) which in certain circumstances limit or exempt the Company's liability

HAMBURG SUD: USA SB General Rate Increase - Effective August 15th, 2009

(Morristown, NJ - July 13, 2009) Effective August 15, 2009, a General Rate Increase (GRI) will be applied to all cargo moving from United States of America & Canada to Australia & New Zealand.

Tariff cargo as well as existing service contracts will be increased by the following amounts:

Please contact your Hamburg Süd representative with any questions that you may have.

BAFs MAERSK updates 08/2009

itinerary WCNA

Swires Tahiti Call

As a result of increasing demand, Swire Shipping are going through a re-tonnage of the USWC service and the new vessels being deployed are significantly larger than those previously on the route. A consequence of this is that the new vessels have a draft that is too deep to continue calling at Papeete and unfortunately that call will cease with the last vessel being the Tasman Resolution 001N ETD TRG 30 July and ETA PPT 06 August.

While Swire had only just initiated this call we had received very good support from the market and prospects were looking strong long term. We are naturally disappointed to advise you of this news but do thank you for your faith and support and hopefully we can maintain being of service to you in other trade lanes.

Please call me if you require any additional information on this or if I can help in other markets

Latin America :CSCL, CMA, CSAV

Chinese line CSCL, French giant CMA CGM, and Chilean line CSAV Norasia, which operates mainly on the Latin American route, have joined forces on trade between Asia, Mexico and the Caribbean.

operated by 10 vessels of a nominal capacity of 4.300 TEUs, replacing the PEX2 and Pacar services.

The port rotation will be Hong Kong, Chiwan, Kaoshiung, Ningbo, Shanghai, Qingdao, Pusan, Ensenada, Manzanillo (Mexico), Balboa, Manzanillo (Panama), Cartagena, Kingston, Caucedo, Puerto Cabello, Port of Spain, Hong Kong.

The service will follow an eastbound around the world route first through the Pacific, then the Panama Canal, the Atlantic, the Cape of Good Hope and the Indian Ocean back to Asia.

BAF Adjustment

We have been advised by Pacific International Lines of the following changes to the BAF.

From Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia, Philippines and India Subcontinent (India, Pakistan, Sri Lanka & Bangladesh) to Pacific Islands BAF will increase to US$460 per TEU effective shipments loaded in origin port Asia on or after 01st August 2009.

Expires 31 July 2009 US$375/20' & US$650/40'
From 01 August 2009 US$460/20' & US$920/40'

Should you have any questions concerning this adjustment please contact your nearest PDL agent or Transam office.

Swire Shipping New Zealand established

Further to our recent announcement about the consolidation of our worldwide liner service network and
the organisational alignment of Tasman Orient Line and Quadrant Pacific Agencies, I wish to update
you on what is happening with our New Zealand operation.

Swire Shipping New Zealand Ltd (“SSNZ”) has been established and will shortly assume the liner
shipping agency activities of Quadrant Pacific Agencies as well as the trade management
responsibilities of Tasman Orient Line and Swire Shipping’s Trans-Tasman and Tasman Arabian Gulf
Services. The corporate functions of TOL will transfer to Swire Shipping in Australia.

I am pleased to announce that Randy Selvaratnam has been appointed General Manager of SSNZ.
Randy has been General Manager, Quadrant Pacific Agencies for only a short time, but brought to QPA
his significant experience in the liner shipping industry which he gained over the past 26 years working
in the business in the region. Prior to joining QPA, Randy held the position of National Agencies
Manager, Steamships Shipping in Papua New Guinea. Randy will report to Steve Clark, Swire
Shipping’s General Manager for International Agency Network and Regional Offices, based in Sydney.

Management and staffing appointments for SSNZ are currently being undertaken and these will be
advised shortly. In due course all customers and suppliers will be notified of the specifics of the transfer
of activities from the existing companies to SSNZ or SSL.

Elizabeth Bentley, CEO of Tasman Orient Line and Brodie Stevens, CEO of Quadrant Pacific will be
assisting with the integration process of the current businesses into Swires. Upon completion of the
integration in September, Tasman Orient Line Ltd (as Managing Agents for TOL CV) will be
disestablished, at which point Liz will conclude her role with TOL. Brodie Stevens’ responsibilities for the
other business units of the Quadrant Pacific group of companies are unaffected by the change.

With the establishment of Swire Shipping New Zealand we are consolidating the NZ trade management
and agency functions - previously performed by TOL, QPA and SSL - within a single integrated
organisation. By aligning all our activities, and in working closely with our suppliers, we will deliver a
more efficient and responsive service to our core trading regions and customers.

I look forward to advising you soon regarding the appointees to the Swire Shipping New Zealand
management team. We will also keep you informed of the transition of the liner and agency activities to
Swire Shipping New Zealand as matters progress.

Please do not hesitate to contact your local representative for any questions you might have. Thank you
for your past and future support.

EFAF NOTICE

Effective August 1, 2009 the
Emergency Fuel Adjustment Factor (EFAF)
for all cargo moving From/To the US/Canada
and the South Pacific Islands will increase to US $509/20 and US $1018/40.

Tarif cargo as well as existing service contracts will be subject to this charge. EFAF will continue to be monitored
on a quarterly basis and adjustments will be made following the review period, with the appropriate notice given to the trade.

Please contact your Hamburg Süd representative with any questions that you may have.

Major Shake-up of Services in the New Zealand (NZ)

major shake-up of services in the New Zealand (NZ)/North and East Asia trade has seen three strings merged into two and Maersk Line relegated to a slot charterer.

The restructuring has come as a consequence of a collapse in NZ's imports from Asia, which has driven carriers to reduce slot costs. Principally, this is being achieved through the deployment of larger tonnage.

Hamburg Sud has dropped its six-ship standalone weekly ANZL service, in which Tasman Orient Line (TOL) was a vessel operator and Hapag-Lloyd a slot sharer and sought co-operation with ICS (Maersk, MOL, NYK) and Cosco. Each operate fortnightly strings that integrate to provide a weekly service.

TOL will now focus its efforts on its fortnightly North Asia multipurpose string and will introduce a fourth, 1,123 TEU ship, enabling additional calls to be made at the NZ ports of Timaru and Tauranga, the Australian ports of Brisbane and Townsville. Meanwhile, Shanghai is being reintroduced into the schedule.

The new Hamburg Sud/ICS/Cosco service will feature two almost-identical fortnightly loops, one using 3 x 3,500 TEU ships (which will call at Wellington) and the other running 3 x 2,800/3,000 TEU ships (calling at Nelson).

The complete port rotation will be Tokyo, Kobe, Busan, Shanghai, Yantian, Hong Kong, Brisbane, Auckland, New Plymouth, Lyttelton,

Port Chalmers, Yokohama, Nagoya and Keelung have been dropped from the existing Cosco/ICS rotations and Auckland loses an export call, while Manila, Yokohama and Xiamen go from ANZL. The Yantian call is new.

Under the new arrangements, which will be phased in over the next six weeks, Hamburg Sud and Cosco will supply two ships each and MOL and NYK one each, with Maersk ceasing to be a vessel supplier.

The new partnership has committed to running a peak season 'extra loader' program to cater to NZ's February-May export peak next year.

INLAND TARIFF FUEL SURCHARGE Northbound USA / Canada / Mexico

Fuel Surcharges from our North American Rail and Trucking vendors have adjusted, requiring us to revise the Inland Tariff Fuel Surcharge.

Hamburg Sud would like to advise with effect from 1st August 2009 the Northbound Inland Fuel Surcharge will increase from 10.0% to 12.0%.

Ex New Zealand, the revised fuel surcharge will apply to North American, Canadian and Mexican tariff inland costs for cargo received from the following vessels;

US East Coast / South & Central America / Caribbean via Panana Canal:
Maersk Jaun v.927: ETD Timaru 4th August / Port Chalmers 5th August / Napier 7th August / Tauranga 8th August / Auckland 9th August 2009

The inland fuel price situation is being kept under review, and we will advise you as and when any further adjustments, either upward or downward, become warranted.

REVISED BUNKER ADJUSTMENT FACTOR & CURRENCY ADJUSTMENT FACTOR – PACIFIC ISLANDS / PNG SERVICE

Please be advised that with effect 5 July 2009, due continuing rises in world fuel prices, the
Bunker Adjustment Factor (BAF) for Swire Shipping's Pacific Islands and PNG Services will
increase as follows:

Northbound and Southbound
Current Rates: USD 388.94 / TEU, USD 777.87 / FEU and USD 19.45 / RT
New Rates: USD 448.00 / TEU, USD 896.00 / FEU and USD 22.40 / RT

Micronesian Cargoes
Current Rates: USD 320.00 / TEU and USD 640.00 / FEU
New Rates: USD 360.00 / TEU and USD 720.00 / FEU

Effective:
Arrival Melbourne MV Kokopo Chief v148N
Arrival Melbourne MV Pacific Pathfinder v7002E

With effect 5 July 2009, the Currency Adjustment Factor (CAF) for Swire Shipping's Pacific Islands and PNG Services will decrease as follows:

Northbound and Southbound
Current Rates: 6.85% on all Australian Dollar (AUD) freight rates
New Rates: 3.15% on all Australian Dollar (AUD) freight rates

Effective:
Arrival Melbourne MV Kokopo Chief v148N
Arrival Melbourne MV Pacific Pathfinder v7002E

For further information please do not hesitate to contact your local Swire Shipping representative or our Customer Service Department in Australia on 1300 550 505 or in New Zealand on 0800 947 947.

Asia Imports Important Notice

You would all have seen what has been happening with world shipping prices over the last 6
months with the drop in rates.
Cargo volumes are dramatically down on all trades and Shipping Lines are reporting losses well
into the hundreds of millions for the first quarter.
Shipping Lines to New Zealand are all included in this and it is being said to us that this is
becoming unsustainable and is a threat to the services they offer in terms of how many ships
and ports called.

In fact the market is about to be notified as early as this week of some large changes to the
services being offered from Asia to New Zealand and this will include the withdrawal of a
number of ships and cutting back on the space and services.
Final details will be released soon but we hear up to 20% or more of the capacity will be pulled
out - and not replaced.

What does this mean?
The supply vs demand situation will look to be balanced out and depending on how many ships
are withdrawn and what the second half of the year brings in terms of increased volume - we
may well see pressure put on space.
The lines are certainly looking to increase the entire market when it comes to rates and we have
started to see notices to this effect.

Market pricing
Notices have now been published via the NZ Shipping Gazette and most carriers have also sent
their own broadcasts to the market over the last week.
The following information has been received detailing:

Looking ahead
We have been through many of these notices together in the past and one thing is for sure -
there will be confusion and conflicting information.

The rates currently in place are not going to stay this way for long or we will lose more vessels
and services - obviously the less number of carriers means less room for competition on the
pricing and containers on ships when you want or need.

It is much too early to tell what is going to happen with the above market numbers but all lines
are advising that they are ‘sticking together' on this and will pass on.

Whether is turns out that now is not the right time or a lesser amount is finalised is not certain at
this stage - although what is fairly certain is we will continue to see this situation over the
coming months with October more than likely bringing another round of notices.

We'll stay close to you all but if any questions or you would like copies of these notices then
please do not hesitate to contact any of us here.

Maersk Line " Tahiti Express "

Maersk Line add a new vessel for Tahiti freight from Auckland to Papeete every 15 days

United States of America/Canada to Australia/New Zealand

(Morristown, NJ - June 9, 2009) The July 1, 2009 General Rate Increase of US$150.00
per 20ft container and US$300.00 per 40ft container, has been postponed.

Please contact your Hamburg Süd representative with any questions that you may
have.

PGL Brisbane Depot to Change Address - Effective 15 June 2009

Due to expansion, we are happy to announce that effective 15 June 2009, Cottpak Storage & Transport will be relocating to a NEW independent depot. Full address details as follows:

Import Power & Monitoring Charges at POAL

COSCO (New Zealand) Ltd would like to advise our valued customers of the forthcoming adjustment in the way Import Reefer Power and Monitoring charges are applied at POAL from the 1st July 2009.

After vessel discharge the first 3 days will be billed to the shipping lines directly, thereafter the charge will be invoiced to the importing party.

Charges will be passed on directly from POAL to the importing party or if unknown then to the agent collecting the container on behalf of the importer.

This charge will be reconciled on collection of the container as is currently the case for demurrage charges.

Effective July 1st, 2009 - GRI fee

Please, note that, due to carrier increases, a GRI fee of $6 w/m will go into effect, effective 07/01/09.

Don't hesitate to contact me, with any questions you might have.

Rate Restoration July 2009 - South East Asia and South Asia to NZ

Tasman Orient Line wishes to advise the trade of the following Rate Restoration ("RR").

The following minimum RR will cover the trades from South East Asia (Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia and Philippines) and South Asia (Pakistan, Sri Lanka) to New Zealand as follows:

Further RRs may be implemented in the later part of the year and due notice will be given to the trade.

This RR is required to bring rates back to sustainable levels and is essential in order for us to maintain
our high level of service.

If you require any further information please do not hesitate to contact your local Customer Service or
Sales & Marketing team.

Hamburg Sud Asia BAF Increase

The current review of bunker fuel prices has resulted in an increase to the Bunker Adjustment Factor (BAF) applied on our northbound and southbound services to and from Asia to New Zealand and Pacific Islands, effective from 1st July 2009.

The BAF increase, from US$300.00 per TEU to US$375.00 per TEU, will apply to both import and export cargo on our service to and from Asia.

BAFs MAERSK- july 2009

Tasman Orient Line BAF Announcement (Pacific Islands) - July 2009

Due to the ongoing upward trend in the price of bunker fuel this past month, the TOL BAF formula has triggered an increase of USD37.50 per TEU, USD75.00 per FEU and USD1.75 per RT against the present level.

The revised BAF surcharge will apply as follows:
USD187.50 per TEU
USD375.00 per FEU
USD9.00 per REVENUE TONNE for breakbulk and LCL cargoes

All consignments showing a Bill of Lading date of 1 July 2009 or later on all Tasman Orient Line services from New Caledonia and Fiji to New Zealand will be effected by the BAF increase.

We thank you for your understanding on the impact of bunker fuel prices and we appreciate your continued support. Please do not hesitate to contact our local representatives should you require any further information.

Maersk Fuji V0925

Ports of Auckland Strike Notice

We wish to inform you that the Maritime Union of New Zealand (MUNZ) has given the Ports of Auckland a strike notice.

The strike is due to take place from 12noon on Friday 5th June. The ports shall be on strike for 4 ½ hours. The affected ports shall be Fergusson & Bledisloe. General Wharves and Port of Onehunga and Marine Services are not directly affected.

We shall keep you duly informed particularly for the export / import trades that may be adversely affected due to industrial action.

PGL Holiday Notice - 1st June 2009

We wish to inform you that PGL New Zealand office shall be closed on Monday 1st June due to Queens Birthday Holiday.

Our office shall resume normal business hours on Tuesday 2nd June from 8:30am - 5:00 pm

We wish our New Zealand based clients and partners a safe Queens Birthday Holiday Weekend.

ANNOUNCEMENT OF BAF ADJUSTMENT SOUTH EAST ASIA TO AUSTRALIA / NEW ZEALAND AND PACIFIC ISLANDS

The latest review of bunker fuel prices has resulted in an increase to the Bunker Adjustment Factor (BAF) applied on our South East Asia to Australia / New Zealand and Pacific Islands services.

The BAF will change to US$ 375.00 per TEU on Southbound cargo effective 1 July, 2009 for all South East Asian origins on the basis of B/L (Bill of Lading) dates.

Please contact your local Hamburg Süd representative for further information. Thank you for your continued support of our services.

LTM Holiday Notice - 1st June 2009

We wish to inform you that LOGISTIQUE ET TRANSIT MARTIN office shall be closed on Monday 1st June for Public Holiday.

Our office shall resume normal business hours on Tuesday 2nd June from 7:30 am - 5:00 pm

Asia BAF increase 27/05/09

We have been advised by Pacific International Lines of the following changes to the BAF.

From China ,Taiwan, Hong Kong, Korea and Japan to the Pacific Islands BAF will increase to US$275 per TEU effective shipments loaded in origin port Asia on or after 5th June 2009.

Should you have any questions concerning this adjustment please contact your nearest PDL agent or Transam office.

BAFs MAERSK - June 2009

Swire Shipping - PI Service - BAF & CAF notice

Please see attached a notice in regards to a BAF & CAF on the New Zealand to Pacific Islands Service.

Please note that BAF has increased and the CAF has decreased (CAF applicable on AUD freight rates only).

Maersk re-instated SAMEX service update

Follow up on Copy 6052, May 13th, Maersk's re-instated SAMEX service on the North Europe/East coast South America trade, will be through a slot agreement with Mediterranean Shipping Co (MSC) on the latter's North Europe/ECSA String 1 service.

As reported, for Maersk, the SAMEX will cover : Antwerp, Rotterdam, Bremerhaven, Hamburg, Suape, Santos, Buenos Aires, Rio Grande, Navegantes, Santos, Itaguai, Antwer.

MSC Tiger Service update

Following our newsflash Copy 6054, May 13th, in which we first reported Mediterranean Shipping Co intended to re-launch its Asia/Black Sea Tiger Service, the following port rotation is understood to be the new schedule for the service

Qingdao, Pusan, Shanghai, Ningbo, Yantian, Hong Kong, Chiwan, Singapore, Jeddah, Beirut, Istanbul, Constantza, Odessa, Ilyichevsk, Jeddah, Singapore, Hong Kong, Qingdao

Ten vessels averaging 6,700 teu are to be deployed, and all the capacity will come from the Asia/Mediterranean Phoenix Service, the futre of which is uncertain at the moment.

MISC to withdraw from Asia-Europe trades

MALAYSIAN line MISC caught its partners by surprise today with a decision to quit the Grand Alliance, one of the oldest consortia, whose other members are Japan's NYK, Germany's Hapag-Lloyd, and Hong Kong's OOCL.

In a filing to the Kuala Lumpur stock exchange, MISC said it would withdraw from the European and Mediterranean trades and leave the Grand Alliance at the start of next year.

MISC is a junior partner in the consortium, and does not operate on all trade lanes with the other four members.

"The present global economic downturn has severely impacted the global liner industry with many leading operators having to react radically to manage the downturn," the line said.

"The withdrawal of MISC's liner division from the Asia-Europe trade is part of a portfolio restructuring to reposition the business on a firmer footing that will drive future expansion. As a result of this portfolio restructuring, MISC's liner division's future focus will be to become one of the leading intra-Asia liner operator, with the Middle-East/India Subcontinent to Asia trade being one of its core trade services."

Hanjin withdraws as vessel provider on Asia Mediterranean service

Hanjin is to withdraw as a vessel provider on the joint Asia/Mediterranean Container 1 (AMC1)/Mediterranean Express (MEX) operated with United Arab Shipping Co (UASC) from the end of May.

The joint AMC1/MEX service has been operated with eight vessels providing 3,800 teu of weekly capacity with UASC providing five and Hanjin, three vessels

That set up will change and UASC will become the sole vessel provider deploying all eight vessels, while Hanjin will reduce to a slot purchaser status

The new service weekly capacity will be 3,200 teu, but for UASC, the slot share is expected to increase as Hanjin downgrades to slot purchaser

There will however be, changes in port coverage with existing calls at Valencia and Malta westbound dropped, and new calls added at La Spezia, Port Said and Port Kelang The new port rotation of the AMC1/MEX service will be : Qingdao (Fri/Fri), Shanghai (Sat/Sun), Ningbo (Mon/Mon), Yantian (Wed/Thurs), Singapre (Sun/Mon), Port Said (Thurs/Fri), La Spezia (Mon/Tues), Genoa (Tues/Wed), Fos (Thurs/Fri), Malta (Sat/Sun), Jeddah (Fri/Sat), Khorfakkan (Wed/Fri), Port Kelang (Thurs/Fri), Singapore (Sat/Sat), Qingdao (Fri/Fri)

Some of the new UASC entrants will come from UASC's Asia Gulf Express 1 (AGX1) service, the future of which will be confirmed shortly

MAF UPDATED MEMORANDUM ON PERSONAL EFFECTS

Packaging Requirements to the European Union

Please note that with affect the 1st of July 2009 all wood packaging material must comply as follows, fumigation certificates alone are no longer acceptable.

Of you require any further clarification; the Maf Biosecurity Website is a very informative resource

Hamburg Sud:Callao Express V 121 N Suva Omission Notice

Hamburg Süd wishes to advise customers that due to delays in Melbourne due to bad weather the Suva call for the CALLAO EXPRESS V 121 N has been cancelled and will be replaced with an additional call by the STX MUMBAI v 122 N.

Dates for the STX MUMBAI V 122 N are:

ETD Tauranga 28 May 2009
ETA Suva 31 May 2009

All cargo booked on the CALLAO EXPRESS V 121 N will be rebooked on the STX MUMBAI V 122 N

Should you have any queries, please do not hesitate to contact your local Hamburg Süd Customer Services Department or sales representative on the following toll-free numbers:

Auckland: 0508 222 444
Dunedin: 0800 666 566

Swire Shipping - WCNA Service Announcement

Swire Shipping is pleased to announce this service enhancement for all shippers to Tahiti and the West Coast North America.

NEW ZEALAND TO FIJI CUSTOMERS

Hamburg Sud is pleased to advise that the CAP CAPRICORN V 119 will make a call in Suva on its north bound voyage to the United States to both discharge and load cargo.

Proposed dates for the CAP CAPRICORN V 119 are:

ETD Tauranga 09 May 2009
ETA Suva 12 May 2009

Should you have any queries, please do not hesitate to contact your local
Hamburg Süd Customer Services Departments on the following toll-free
numbers:

Exports: 0508 222 444

Food Quality Container Surcharge

In response to an increase in demand for "Food Grade" containers and due to the significant cost to
update to Food Quality standard, Hamburg Süd wishes to advise our customers with effect from
th
4 June 2009 a Food Quality Surcharge will be introduced at the following levels for all trade lanes ex
New Zealand to World:

US$ 100.00 per 20' and 40' dry container

Please note that all containers undergo a rigorous cleaning and inspection procedure in preparation for
export. As such, for the majority of cargoes a "General Purpose" container is suitable for the
transportation of dry goods.

th
The Food Quality Surcharge will be effective from 4 June 2009, or the following sailings:
US East Coast / South America / Caribbean via Cartagena, CO: Cap Bianco v.917

ETD Tauranga 9 June / New Plymouth 11 June / Lyttelton 12 June / Napier 14 June 2009

Should you have any queries, please do not hesitate to contact your local Hamburg Süd Customer

Bunker Adjustment Factor

COSCO (New Zealand) Ltd would like to advise our valued customers of the forthcoming adjustment in our Bunker Adjustment Factor.

The revised Bunker Adjustment Factor is applicable to all southbound shipments to New Zealand (except those from Europe & Mediterranean origins) and to all northbound shipments from New Zealand with Bills Of Lading dated 15th May 2009 onwards.

Should you require any further information please do not hesitate to contact your local Customer Service or Sales & Marketing team on 0800 22 88 88.

ASIA BAF INCREASE 01/05/09

We have been advised by Pacific International Lines of the following
changes to the BAF.

From Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia, Philippines and India Subcontinent (India, Pakistan, Sri Lanka & Bangladesh) to Pacific Islands BAF will increase to US$310 per TEU st effective shipments loaded in origin port Asia on or after 01 June 2009.

For your guidance below please find the latest BAF movements

Expires 31 May 2009 US$255/20' & US$510/40'
From 01 June 2009 US$310/20' & US$620/40'

Should you have any questions concerning this adjustment please contact your nearest PDL agent or Transam office.

BUNKER ADJUSTMENT FACTOR ON CARGO FROM NEW ZEALAND TO USA, CANADA, MEXICO, CARIBBEAN AND SOUTH AMERICA

The latest monthly review of the northbound Bunker Adjustment Factor (BAF) has calculated an
increase in the required level of BAF as below.

DRY and REEFER cargoes from US$340 to US$370 per TEU
TIMBER cargoes from US$333 to US$362 per FEU
The revised BAFs will be effective 1st June 2009 from the following sailings:

- US East Coast / South America / Caribbean via Manzanillo, PA: Maersk Jaun v.916
ETD Timaru 2nd June / Port Chalmers 3rd June / Napier 5th June / Tauranga 6th June / Auckland
7th June 2009

- South America / Caribbean via Hong Kong: Cap Preston v.920
ETD Tauranga 2nd June / New Plymouth 4th June / Lyttelton 5th June / Napier 7th June 2009

The bunker price situation is being kept under monthly review, and we will advise you as and when any
further adjustments, either upward or downward, to the level of the BAF become warranted.

CHINA NAVIGATION ACQUIRES FULL SHAREHOLDING IN TASMAN ORIENT LINE

The China Navigation Co. Ltd. (CNCo), the deep sea shipping arm of the Swire group,
has announced that it has acquired the one-third shareholding in Tasman Orient Line
(TOL) held by Switzerland-based shipowner, Christian J. Ahrenkiel. The transfer,
effective from 1st April 2009, is for an undisclosed consideration.

Richard Kendall, Managing Director of CNCo, said, "By turning Tasman Orient Line
into a wholly-owned subsidiary of China Navigation, we are better able to achieve
synergies in aligning its services with those of our other liner trades subsidiary, Swire
Shipping."

"The partnership with Chris Ahrenkiel has been one of successful cooperation since the
formation of Tasman Orient Line ten years ago. We are committed to Tasman Orient's
model of providing comprehensive multipurpose liner services between New Zealand
and Asia, and this shareholding realignment will enable us to continue this model on a
sustainable basis," he added.

In commenting on the sale, Christian Ahrenkiel confirmed that the partnership with
CNCo had been mutually beneficial. "We have worked well in running the business
together since Tasman Orient started in 1999. And, ten years prior to that, I founded
NZ Orient Line, turning it into the successful predecessor of Tasman Orient Line that it
became. The world has now changed and I realise that, for a secure future, Tasman
Orient Line needs to be put on a broader base. Hence it is time now for Swire to take it
to its next phase".

Christian Ahrenkiel retains his minority shareholding, in partnership with CNCo, in the
New Zealand agency and shipping services company, Quadrant Pacific Limited.

Trans Tasman Service Changes to Service Framework

We wish to advise the following changes to our Trans Tasman service that will come into effect in June
2009.

In line with the Trans Tasman re-tonnaging program that we embarked upon last year, we now have the
larger capacity Tasman Chief and Pacific Chief operating in the trade on a dedicated "shuttle" basis,
offering two sailings per month in each direction. The larger cargo capacity of these vessels plus a
reduction in cargo flows has enabled us to implement a tonnage rationalisation and effective from June
the market's requirements will be fully met by the two dedicated vessels. The three "Miho-class" vessels
will no longer be required to call New Zealand ports.

Key Highlights:
· Vessels: Tasman Chief and Pacific Chief (sister ships)
· Capacity (each): 1,308 TEU, including 130 Reefer, 21,681 DWT
· Schedule integrity: Robust and reliable
· Frequency: 15 Days
· New Zealand Ports: Auckland, Marsden Point, Tauranga, Napier, Nelson
· Australian Ports: Burnie, Melbourne, Port Kembla, Brisbane
· Other: Each vessel will call Noumea after Brisbane and prior to Auckland (for the
Pacific Islands Service).
· Cargo capability: Containers and Breakbulk

Whilst New Zealand port coverage remains unchanged, we will no longer be calling Sydney or
Newcastle in Australia with Port Kembla becoming our single New South Wales port for Trans-Tasman
cargoes.

The Fixed Day Weekly, Eastbound container service from Brisbane to New Zealand remains unchanged.

We look forward to continuing to meet the needs of our customers and exploring new opportunities on
the Tasman now and long into the future. A local representative will be in touch with you shortly to
discuss in further detail.

New Airport Terminal Security & Screening Fee

Please be advised that as of Monday April 20th 2009, new increased security measures will be implemented on all airlines as per new Rule Part 109 of CAA(Civil Aviation Authority)

This increase is in accordance with that passed on from the airlines to cover recent compulsory security measures & procedures when accepting air cargo for carriage that is arriving & departing at a New Zealand airport.

For all Air Export shipments, we will introduce a fee of NZ$ 12.00 per export House way bill to contribute towards the cost associated with new security measures & to maintain our RACA certification.

If you require further explanation regarding the new Rule Part 109, please do not hesitate to contact me. Your understanding & continued support is very much appreciated.

PDL Introduces New Vessels into Pacific Islands services

Following the recent announcement of our new vessel the ‘Kota Darjah', we now have the pleasure of introducing, the ‘Southern Phoenix' .

PDL will use the 2 x 35 Ton geared, 150 TEU capacity of the Southern Phoenix to improve our dedicated Fiji to Wallis / Futuna / Funafuti / Tarawa service.

The name Southern Phoenix was inspired by the Phoenix Islands, a collection of atolls in Kiribati which play a significant role in the history and environmental surroundings of Kiribati. Being the final destination on this route we have endeavoured to choose a name with meaning to represent the rebirth of this trade.

The Kota Darjah will be replacing the Southern Trader's current New Zealand to Tahiti route and will commence in service tomorrow (16/04/09).

The Southern Trader will replace the Southern Pasifika operating between
Auckland, Noumea, Lautoka, Suva, Port Vila and Santo.

NZ to Santo: Southern Trader - 11 days

NZ to Tarawa via Suva: Southern Trader/ 23 days
Southern Phoenix

The enclosed schedule gives you projected dates for all our services.
If you have any questions concerning these new vessels, please contact your nearest PDL, McKay Shipping or Transam office.
Thank you for your continued support.

CABAF ex AKL to Pacific Islands

BAFs MAERSK- may 2009

Australia - Pacific Islands Service New twice monthly service to Noumea & beyond

As part of an ongoing programme to enhance our service profile in the Pacific, we are delighted to
announce an enhancement of our service from Australia to Noumea with effect from June 2009.
This upgrade, which will double the current monthly sailing frequency to every 15 days, is
facilitated by our Trans-Tasman ships, the 22,000 dwt multi-purpose vessels Tasman Chief and
Pacific Chief, calling four ports in Australia before returning to New Zealand via Noumea.

As part of the service upgrade, the frequency to Vanuatu will also be improved from 30 to 15 days,
connecting in Noumea with the equally twice monthly operating vessels of our associated
company, Greater Bali Hai (GBH). Australian exports to Tarawa (Kiribati) will also be relayed
(monthly) to the GBH vessels in Noumea.

This service enhancement will result in improved frequency, greater capacity and wider market
coverage, as well as providing regular and reliable scheduling, which we believe will improve the
delivery of cargo to the Pacific from Australia.

Cargo for Vanuatu (twice monthly) and Tarawa (monthly) will be delivered via Noumea
connecting with Greater Bali Hai

Majuro (Marshall Islands) cargo will be delivered via Tarawa, and Micronesian cargo via Majuro

Port rotation: Auckland, Marsden Point, Tauranga, Napier, Nelson - Burnie, Melbourne, Port
Kembla, Brisbane - Noumea

We are confident that these improvements to the Pacific Islands service will not only reflect a
much improved service level to you, the customer, but will ensure a robust and sustainable
service framework that can be relied upon as we look to the future.

Pirate attacks on the rise

The Maersk Alabama is the most well known and broadcasted pirate attack - however it was the sixth attack last week and this week has already brought on 5 new incidents with over 60 crew members being held hostage in a brazen hijacking spree by the pirates.

Pirates have staged 66 attacks this year and are holding over 14 ships and 320 crew members' hostage. Multimillion dollar ransoms have created this lucrative industry were 111 attacks were recorded in 2008 while in the last four months more than half this number has occurred in just the first quarter of 2009. Pirates made off with over US$80 million in ransom money in 2008 and are showing no signs of slowing down this year.

Pirate attacks are not isolated to Somali region, per the map below pirate attacks are a worldwide phenomenon and should be taken seriously.

The WCA Family strongly urges its members to take proper precautions, for more information on how to protect your assets please contact info@wcaf-riskmanagment.com or visit our website at www.wcaf-riskmanagement.com

Pacific Islands FIJI terms of shipment

Due to the current political unrest in Fiji, effective immediately Hapag Lloyd must advise the following requirements for Fiji import and export shipments.

Exports to Fiji - All export cargo into Fiji will be invoiced on prepaid basis only with payment to be made at port of origin.

Imports from Fiji - All import cargo originating from Fiji will be invoiced on a collect basis only with payment to be made at discharge port

Local destination/Fiji charges are the only exception, and may be invoiced/paid in Fiji.

Grand alliance transpac capacity changes reflect market demand

Grand Alliance lines, Hapag-Lloyd, NYK and OOCL are pushing up capacity on their joint North West Express (NWX) service covering the Far East/Seattle/Vancouver route from April During the first quarter 2009, average weekly capacity on the NWX was running at around 5,700 teu, but by the end of April this will have jumped to some 7,700 teu, according to PR News Service ComPort database information

The NWX service is one of the Grand Alliance services on which Zim Integrated Shipping Services has recently taken slots

Some of the capacity phasing into the NWX service is coming out of short term lay up, while the rest is being switched from the Asia/Europe trade NWX port coverage : Ningbo, Shanghai, Qingdao, Pusan, Seattle, Vancouver, Tokyo, Nagoya, Kobe, Ningbo

Separately, the GA lines have dropped average weekly by over 17% through the same period on their joint Japan California Express (JCX) service reflecting the alarming downturn in the Japan market. In February 2009, the JCX operated with a weekly capacity of some 3,500 teu, but by the end of April, that will have dropped to just over 2,800 teu

JCX port coverage : Shanghai, Nagoya, Kobe, Tokyo, Sendai, Los Angeles, Oakland, Nagoya, Kobe, Shanghai

Elsewhere, there has been a downturn of some 19% from 7,000 teu to 5,600 teu per week on the China California Express (CCX) over the same period serving the Far East/Los Angeles/Oakland route CCX port coverage : Qingdao, Ningbo, Shanghai, Pusan, Los Angeles, Oakland, Pusan, Qingdao

Fiji's central bank has suspended offshore investment facilities for local non-banking financial institutions, companies and individuals.

Fiji's central bank has suspended offshore investment facilities for local non-banking financial institutions, companies and individuals as part of the latest set of measures designed to protect the country's foreign reserves situation.

"The suspension applies to both new applications and existing approvals not yet utilised," the RBF said, in response to queries from Fijilive.

In a statement earlier today, RBF deputy governor Sada Reddy said the move, effective immediately, was "in line with one of the Bank's core objectives of safeguarding our foreign reserves".

The RBF's chief manager Corporate Planning and Assurance Lorraine Seeto confirmed that while the suspension did not carry a time limit, applications would be reviewed on a case-by-case basis.

Reddy said there were other facilities that would now require the RBF's approval while some would continue to be delegated at lower limits.

Facilities not delegated and which require RBF permission include:
- Emigration allowance of up to $200,000 per annum;
- Profit remittances and withdrawal of investments;
- Payment for merchanted imports;
- Offset of foreign exchange earnings against foreign currency payables other than payments of imports already landed in Fiji;
- Foreign currency accounts - for local individuals and locally registered business entities;
- Insurance payments;
- Mortgage of Fiji-registered assets to secure transactions held outside Fiji; and
- Local borrowing by non-resident individuals and non-resident controlled companies.

Changes to delegated facilities announced last month included the reduction of limits for overseas travel to $5000 per traveller while monthly limits for credit and debit card payment were reduced to $5000.

Other measures announced by the RBF today included:
- A new delegated limit of $20,000 per invoice for advance payments and pre-payment of imports;
- A limit for other funds from local sources to $200 per month, and a limit as well for proceeds from sale of assets to $50,000 per sale; and
- A new delegated limit of $100,000 per transaction for payment of imports that have arrived in Fiji.

For other remittances, a new delegated limit of $50,000 per application was also imposed for trade-related transactions, foreign currency local repayments, office expenses and other foreign currency bills payable, and education and medical bills paid directly to respective institutions.

The RBF said a limit of $500 per application would continue to apply for the following transactions:
- Gifts;
- Maintenance;
- Education allowance not paid directly to the education institutions;
- Medical expenses not directly paid to the medical institution;
- Cancelled hotel bookings;
- Subscriptions; and
- Wages to foreign crew.

BAF Adjustment

We have been advised by Pacific International Lines of the following changes to the BAF.

From Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia, Philippines and India Subcontinent (India, Pakistan, Sri Lanka & Bangladesh) to Pacific Islands BAF will decrease to US$255 per TEU effective shipments loaded in origin port Asia on or after 01st May 2009.

Expires 30 April 2009 US$275/20' & US$550/40'
From 01 May 2009 US$255/20' & US$510/40'

Should you have any questions concerning this adjustment please contact your nearest PDL agent or Transam office.

EFAF Surcharge May 1, 2009

Please be advised
Effective May 1, 2009 the
Emergency Fuel Adjustment Factor (EFAF)
for all cargo moving From/To the US/Canada
and the South Pacific Islands will decrease
to US $320/20' and US $640/40'.
Tariff cargo as well as existing service contracts
will be subject to this charge.

EFAF will continue to be monitored
on a quarterly basis and
adjustments will be made following the review period,
with the appropriate notice given to the trade.

Please contact your Hamburg Süd representative with
any questions that you may have.
Or call your Customer Service Department toll free at

CANADA
1-888-372-8528 - Montship Inc. as agents
1-604-640 -7452 Montship Inc. as agents

Increased Frequency New Zealand to Cook Islands Trade

Effective from Southern Express V116 (loading Auckland 13 April), will service only Rarotonga and Aitutaki every 24 days.

Niue cargo will be covered by the Southern Tiare details will be advised shortly.

This will mean increased capacity (an extra two voyages a year) as well as improved frequency and transit time.

REVISED CURRENCY ADJUSTMENT FACTOR / BUNKER ADJUSTMENT FACTOR – PACIFIC ISLANDS / PNG SERVICE

Currency Adjustment Factor
Please be advised that with effect 9 April 2009, the Currency Adjustment Factor (CAF) for Swire
Shipping's Pacific Islands and PNG Services will increase as follows:

Northbound and Southbound
Current Rates: 8.81% on all Australian Dollar (AUD) freight rates
New Rates: 10.30% on all Australian Dollar (AUD) freight rates
Effective: Arrival Melbourne MV Papuan Chief v177N
Arrival Melbourne MV Pacific Harmony v105N
These new charges will be applied to all cargo and are subject to adjustment.

Bunker Adjustment Factor
Please be advised that the Bunker Adjustment Factor (BAF) for Swire Shipping's Pacific Islands
and PNG Services will remain unchanged.

Northbound and Southbound
Current Rates: USD 350.26 / TEU, USD 700.53 / FEU and USD 17.51 / RT
These rates will be reviewed again in April.

For further information please do not hesitate to contact your local Swire Shipping representative
or our Customer Service Department in Australia on 1300 550 505 or in New Zealand on 0800 947 947.

Grand Alliance, Zim collaboration growing

Israeli ocean carrier Zim has joined two Grand Alliance loops between the Far East and Europe, according to research from American Shipper sister company ComPairData.
The moves bolster Zim's growing collaboration with the alliance's carriers -- Hapag-Lloyd, OOCL, NYK Line and MISC Berhad. Zim is joining the Grand Alliance on its North China/northern Europe EU4 service, in which the New World Alliance participates; and on the EU3, which sails around the tip of Africa eastbound to Asia. New World Alliance carriers Hyundai and APL take slots on the EU3, which has added a call at Cape Town.

Grand Alliance carriers earlier this year joined Zim's EMX loop between Asia, India and the East Med/Black Sea, after alliance carriers closed down their own competing Asia/Black Sea string shared with the New World Alliance.
"The Cape Town call is interesting because members of both alliances and Zim have potential interests in the trades between Europe/South Africa and South Africa/Asia," said Francis Phillips of ComPairData. "Zim (as Gold Star), NYK, MISC and Hyundai trade actively between South Africa and Asia, and MOL (partner to Hyundai and APL in the New World Alliance) bought P&O Nedlloyd's large trade share in the South Africa/Europe SAECS joint service with Maersk and DAL. Hapag-Lloyd, meanwhile, takes slots between Europe and South Africa with MSC."

Phillips noted that adding Cape Town can help fill the 8,500-TEU vessels deployed on the service, at the same time drawing down capacity on the "over-supplied" Europe-Asia trade.

The rotation of the service is Southampton, Hamburg, Rotterdam, Cape Town, Port Kelang, Singapore, Shekou, Hong Kong, Ningbo, Shanghai, Shekou, Hong Kong, Singapore and Southampton. Transit time westbound between Singapore and Southampton is 16 days via the Suez Canal, while transit eastbound around Africa is 24 days between Rotterdam and Port Kelang with the stop in Cape Town.

World economy leaves mark on Marseilles Fos

January-February throughput at Marseilles Fos, the leading French cargo port, fell 21% compared with the first two months last year as the global recession continued to hit world trade.

The two-month total of 12.71 million tonnes reflected a downturn in all main categories.

General cargo slumped 31% overall to 1.94MT. This included a 31% drop in container tonnage to 1.16MT, while ro-ro traffic was 18% worse on 0.55MT and conventional volumes halved to 0.23MT. Container units fell 25% to 127,991 teu, with deepsea east-west trades via Fos down 21% to 95,688 teu and other trades via the Marseilles harbour area down 33% on 32,303 teu.

Oil volumes finished 12% worse on 9.34MT after crude imports fell 18% to 6MT - largely due to the key domestic Feyzin refinery being closed for upgrade work until late February. In contrast, refined products rose 4% to 2.15MT and LNG traffic was up 7% to 0.73MT.

Liquid bulks were down 17% to 0.48MT - despite a 77% boost in biofuels to 0.12MT - while dry bulks suffered a 51% drop to 1.03MT as imports for the steel industry crashed by 69%.

Passenger throughput slipped 7% to 104,000 after ferry carryings fell 14% to 95,000. The fast-growing cruise sector contributed 9,000 passengers - a 450% increase on the corresponding period last year, when there was only one call - with ‘home port' passengers representing more than a third of the total.

New World Alliance CMA CGM to end Asia USEC service

The New World Alliance lines, APL, Hyundai Merchant Marine and MOL, together with CMA CGM, are to end their joint Asia/USEC service known by the NWA lines as the East Coast Savannah (ESX) service, and by CMA CGM as the Savannah Express (SAX)

The service withdrawal will take another 4,700 teu of weekly capacity out of the Asia/USEC trade route

The last westbound sailing back from the USEC to Asia is expected to arrive late May in Ningbo

The ESX/SAX service was launched back in June 2007 aimed primarily at catering for the China export market volume into Savannah and New York

Eight vessels are presetly deployed with the NWA operating five, and CMA CGM the other three

Jacksonville was added last year as the first port inbound on the USEC/US Gulf, and MOL has its own terminal in the US Gulf port

Port coverage of the ESX/SAX service is : Ningbo, Shanghai, Chiwan, Hong Kong, Balboa, Manzanillo (Pan), Jacksonville, Savannah, New York, Balboa, Ningbo

The ESX/SAX withdrawal is in addition to the decision by CMA CGM to end its PEX1 service on the Asia/USEC trade

As already reported, CMA CGM will merge its own PEX1 service covering the through a joint service with China Shipping, with the Maersk TP3 service to launch a new service known as the Hudson Loop in April/May

The new Hudson Loop will cover : Ningbo, Shanghai, Qingdao, Pusan, Balboa, Savannah, New York, Miami, Balboa, Ningbo

Separately, the future of the New World Alliance New York Express (NYX) service is also under the spotlight

The NYX service was merged in December/January with the Grand Alliance South China Express (SCE) service, but as reported by PR News Service Copy 5969, Zim will join the Grand Alliance on the SCE service from April

The Zim deal will begin with slots, but is expected to move to a vessel sharing agreement with Zim providing three of the eight vessels for this service, and the Grand Alliance the other five

A deluge of new ships pours into a drowning industry

IKE unwelcome guests who will not leave, 453 container ships, 11% of global capacity, now float outside the harbours of Hong Kong, Singapore and other South-East Asian ports. They are unwanted by their hosts as well as their customers. In recent days China has quietly let it be known that it wants to rid its territorial waters of these nautical squatters. Only five years ago huge demand from China meant that all these ships, and more, were desperately needed. This had a dramatic impact first on shipping rates, and then on supply (see chart). Between the end of 2006 and July 2008, shipyards received enough commissions to double the world's fleet. Now these new ships-more than 9,000 vessels-are taking to the water just as demand has collapsed. The world is awash with ships.

VEGA GOTLAND V0911 - NOUMEA

For your information, the Vega Gotland V0911 replacing the Maersk Fuji V0915 is waiting at Noumea 1st april at 12am.

REVISED CURRENCY ADJUSTMENT FACTOR / BUNKER ADJUSTMENT FACTOR – PACIFIC ISLANDS / PNG SERVICE

Please be advised that with effect 9 April 2009, the Currency Adjustment Factor (CAF) for Swire
Shipping's Pacific Islands and PNG Services will increase as follows:

Northbound and Southbound
Current Rates: 8.81% on all Australian Dollar (AUD) freight rates

Bunker Adjustment Factor
Please be advised that the Bunker Adjustment Factor (BAF) for Swire Shipping's Pacific Islands and PNG Services will remain unchanged.

Northbound and Southbound
Current Rates: USD 350.26 / TEU, USD 700.53 / FEU and USD 17.51 / RT

For further information please do not hesitate to contact your local Swire Shipping representative or our Customer Service Department in Australia on 1300 550 505 or in New Zealand on 0800 947 947.

MAERSK VESSEL ROTATION / SWAP

Please kindly note that Maersk had advised that the Maersk Fuji will be moving to the Trans Tasman service to replace the Vega Gotland that is not able to maintain enough speed to keep the schedule on the Trans Tasman route.

The Maersk Fuji V.915 will be replaced by the Vega Gotland - Voyage to be advised to us this afternoon by Maersk.

We are currently standing by pending confirmation of the new voyage number as all PGL exports on this vessel will have to have customs clearances relodged to show the correct vessel.

Wallis & Futuna trade update

Further to our most recent update, we can advise that repairs to the Southern Pasifika's crankshaft and main engine are anticipated to take another three weeks minimum causing unacceptable delays to our customers. Therefore the decision has been made to return the ship to her owners. With short notice, we could not identify a vessel with the adequate size to perform the Southern Pasifika's rotation and also safely berth at Wallis and Futuna.

We have therefore decided to use the Southern Trader (currently on the NZ to Papeete trade) on a shorter rotation and use a feeder to service Wallis & Futuna from Fiji.

The next departure from New Zealand to Wallis will now take place one week later than originally anticipated and the Southern Trader "voyage 166" rotation will be as follows:

In Suva, cargoes bound for Wallis & Futuna will be transhipped on the Southern Tiare calling Suva on 20/04, Wallis on 23/04, Futuna on 25/04.

From Southern Trader "voyage 167" onwards, the rotation will be slightly modified by calling Fiji before Vanuatu in order to improve the overall transit time to Wallis & Futuna. The Southern Trader "voyage 167" forward schedule will be:

Auckland 24/04, Noumea 29/04, Lautoka 02/05, Suva 03/05, Vila 05/05-06/05, Santo 07/05, Auckland 12/05.

In Suva, cargoes bound for Wallis & Futuna will be transhipped on the Southern Tiare or substitute who will call Suva on 03/05, Wallis on 06/05, Futuna 08/05.

We appreciate that our service to Wallis & Futuna has not been up to speed recently. By reducing our transit time from Auckland to Suva from voyage 167 onwards, we expect to deliver a faster transit time to Wallis & Futuna. The overall frequency will also be improved with a sailing every 18 days.

Important Update on Southern Pasifika

Further to our most recent update, we can advise that repairs to the Southern Pasifika crankshaft and main engine are anticipated to take another three weeks minimum causing unacceptable delays to our customers. Therefore we have taken the decision to return the ship to her owners.

The exciting news is that we have chartered another "D" Class vessel, the Kota Darjah from PIL. She is the same class of vessel as Southern Lily and Southern Trader and is due to arrive in Auckland on April 15th from Singapore.

In order to minimise the disruption to our valued customers, we plan to make the following changes to our services:

- Southern Trader (currently on the NZ to Papeete run) will replace the Southern Pasifika with the following forward schedule. (Note the new Lautoka call from V167, also there is now a Fiji service to Vila, plus she calls Santo with the new rotation)

- As this vessel is too large to call into ports such as Wallis and Futuna, we will use the Southern Tiare for this sector, connecting in Suva with the Southern Trader and calling at Wallis and Futuna, Funafuti and Tarawa. Her schedule will be:

V1 (TBA) Suva 4/5, Wallis 7/5, Futuna 8/5, Funafuti 11/5, Tarawa 15/5, Suva 22/5

This schedule option will see an improved transit and frequency to Wallis and Futuna through transhipment in Suva.

- The Kota Darjah will replace the Southern Trader on the NZ to Papeete run. She will be about one week behind the original advertised schedule for the NZ to Papeete trade. Her forward schedule will be as follows:

So from adversity comes opportunity! We regret the disruption to our customers but as you can see PDL with the support of PIL has moved quickly to find the necessary solutions which will mean even better transits and reliability from the addition of another new vessel to our fleet. Our frequency on the Southern Trader will improve from an average of 23 days (on the old Southern Pasifika) to an average of 18 days.

For any further information please contact your local PDL agent. Full schedules are attached to this message or on our website. Thank you for your support.

New schedule for Vega Gotland

BAFs MAERSK UPDATE - AVRIL 2009

BUNKER ADJUSTMENT FACTOR ON CARGO FROM NEW ZEALAND TO USA, CANADA, MEXICO, CARIBBEAN AND SOUTH AMERICA

The latest monthly review of the northbound Bunker Adjustment Factor (BAF) has calculated a decrease
in the required level of BAF as below.

DRY and REEFER cargoes from US$350 to US$340 per TEU
TIMBER cargoes from US$343 to US$333 per FEU
The revised BAFs will be effective 1st May 2009 from the following sailings:

- US East Coast / South America / Caribbean via Manzanillo, PA: Patricia Schulte v.912
ETD Timaru 5th May / Port Chalmers 6th May / Napier 8th May / Tauranga 9th May / Auckland 10th May 2009

- South America / Caribbean via Hong Kong: Cap Palmerston v.916
ETD Tauranga 5th May / New Plymouth 7th May / Lyttelton 8th May / Napier 10th May 2009

The bunker price situation is being kept under monthly review, and we will advise you as and when any
further adjustments, either upward or downward, to the level of the BAF become warranted.

Ships currently at anchor in Singapore / Map & Pics as at 02/03/09 16:09hrs

Below photo's and map shows the current vessels currently out of world rotation at anchor sitting at the Singapore hub due to declining freight market & economy.

Bangkok (PAT) Port

Bangkok Port would like to inform plan of erection and disposal of gantry cranes No. 1,2 and 6,7 as follow:

1. To auction the old gantry cranes by 27/2/09
2. To delivery to the winner by 5/3/09 and the winner has to complete move out by 25/3/09
3. New gantry cranes would be erected by 28-31/3/09. Thereafter, the manufacturer would take approx. 30 days for commission.

Expecting for delivery to BKP on 1/5/09 in which BKP would take approx. 2-3 days for testing. BKP expects to provide service as from 5/5/09 onwards.

BKP has planned to stop providing service by current gantry cranes nos. 1,2 and 6,7 as from 5/3/09. During the disposal and erection

of new 4 units, BKP would try to provide the service at the most efficient with the remaining gantry cranes

Cargo crime on the rise

THE global economic downturn will lead to an increase in incidents of cargo crime, warns the Transported Asset Protection Association (TAPA).

Latest statistics for the Europe, Middle East and Africa (EMEA) region, show 3,756 reported incidents of cargo crime during 2008 with a total loss value of more than 170.6 million (US$214 million). This figure will continue to grow with incident data still being collated for last year.

Just over 10 per cent of crimes reported in 32 countries in EMEA in 2008 were classified by TAPA as ‘major incidents'.

Gilad Solnik, IIS lead for TAPA EMEA, said: "The figures we are starting to see for 2008 reinforce our message that no one can afford to be complacent about cargo crime. We expect the level of threat to increase considerably as a direct result of the economic downturn.

"Organized criminals targeting high-value products moving in supply chains remain the greatest threat but businesses also need to be more alert to the risk of opportunist thefts from ad-hoc and first-time criminals.

"We know from previous recessions that crime increases. UK government statistics, for example, reported a 19 per cent increase in violent crime during the recession of the early 1990s. We expect 2009 to be one of the toughest years of the last decade in terms of cargo-crime statistics."

Southern Pasifika V165

The Southern Pasifika voyage 165 is blocked in the port, we have a new vessel "Scarlett Lucy" voyage 165

Noumea     22/03

Port Vila   24-26/03

Suva         29/03

Wallis      01-02/04

Futuna   03/04

Southern Pasifika

Further to our most recent update, we are pleased to advise that all cargo on the Southern Pasifika is now being discharged in Noumea today and we have managed to fix replacement tonnage, the Scarlett Lucy to uplift the cargo for ports beyond Noumea.

Scarlett Lucy V165 will arrive in Noumea this Saturday 21st March and we anticipate the following schedule for her:

No Southbound cargo will be accepted on this voyage as she will be returned to owners after discharge in Futuna.

The owners of the Southern Pasifika have advised us that repairs are under way and that the vessel should be able to return to service and resume her advertised schedule ex Auckland on voyage 166 ETD 1/4.

We will advise of any changes to the schedules or to the vessel arrangements. PDL sincerely appreciates your patience and understanding. Please contact us or your local PDL agent if you have any concerns or questions.

China box throughput down 17 percent in February

China's port container handling volume recorded a year-on-year decline in February, expanding the drop in January as the financial crisis continues to hurt the country's exports.

The volume of containers handled by ports nationwide totalled 6.97 million TEUs in February, down 17 percent compared with the same month of 2008, Xinhua reported.

The figure was also down 22.5 percent from January, which saw 8.99 million TEUs, down 13.3 percent year-on-year and 12 percent from December of 2008.

A report released by China International Capital Corporation showed that recovery was not yet in sight, as overseas demand would shrink further. It said the decline in February widened in spite of three more working days compared with the same month of 2008.

China's export volume decreased 17.5 percent year on year to US$90.45 billion in January.

Ports & Terminals LA Container Traffic Slide Highlights Cargo Blight 16 Mar 2009

Container traffic through the fell by a third last month, signaling continuing weakness in U.S. consumer sentiment and creating a ripple through the
country's transport network. L.A. and Long Beach account for 40% of U.S. inbound container movements and are suffering the largest percentage
declines in traffic for 25 years.

Container traffic through L.A. fell 32.6% in February, according to data released this week, with imports down 35.3% and outbound shipments off by 27.6%.
The decline is accelerating following a 10% slide in January and the 6.5% fall for 2008.
The data provide a gloomy outlook for U.S. rail and truck shippers transferring electronic equipment and other durable goods to retail stores and manufacturers, continuing the slide in traffic that became evident last November.

"We are anticipating our volumes through the first quarter, and maybe even the first half of the year, will continue to be in decline," L.A. port spokesman Arley Baker said.
Baker said the declines were the worst since the early 1980s. He said some terminal operators have warned there could be "a few months" of double-digit slides.
Container traffic through Long Beach dropped 23.4% in January after falling 11.3% in 2008. Art Wong, a port spokesman, said the 2008 percentage slide was the worst in at least two decades.
"We expect weakness through March and probably into the spring," Wong said. " We're hearing there's a chance it may be able to level off this summer, but that's a big wait-and-see."

Container traffic has been on the wane amid the slump in U.S. and global commerce.
Earlier this week, China reported that exports fell 25.7% in February, compared to the year-ago period, marking the largest slide in more than a decade.
The trend has been evident in the higher-margin air cargo sector. Hong Kong Air Cargo Terminals said this week that its volume was down 22% last month. Deutsche Lufthansa AG (DLAKY), one of the largest cargo airlines, is parking aircraft as demand declines.
U.S. domestic freight carriers, including railroads and trucking companies, have continued to reporting large declines in business, though there have been mixed signals over the March trend.
"It feels like we may have reached a floor," Union Pacific Corp. (UNP) Chief Financial Officer Rob Knight said this week during a transportation conference, although he added that his railroad's year-to-date freight volumes were down 22% through March 7.

West Coast ports are particularly sensitive to Asian imports and exports. Major U.S. exports through the ports include raw materials such as scrap metal and paper for recycling, while imports include all manner of consumer goods.

"What comes through here (in terms of imports) goes right onto the shelves of major retailers" nationwide, Baker said. "What's happening (in terms of cargo) is really a direct reflection of the economy."

MOL News Release – HS Code Requirements for Port Kelang

As you may be aware, there is a global initiative to correlate industry commodity codes, and resultantly, various Governments are imposing new rules and regulations in the coming months.

The Port Kelang Authority has issued a new mandatory customs regulation. Effective on April 1, 2009, any cargo for loading onto or discharging from any vessel call at Port Kelang will be subject to the declaration of the 6-digits Harmonized System Commodity Codes (HS codes). This requirement applies to export, import and transshipment cargo via Port Kelang.

Shipments that fail to comply with the new regulation, including inaccurate declaration, will be subject to customs inspection and penalties of up to a maximum of RM $5000 (equivalent to approx USD $1400.00 or CAD $1800.00). Associated charges for penalties will be for account of cargo.

The carrier will be responsible for submitting the HS codes to the Port Kelang Authority. Resultantly, we require that the HS Codes be provided on your shipping instructions on all import of export cargo transiting Port Kelang, effective immediately.

St. Petersburg TEU Traffic Plunges

Containers drop 27.3 percent in February at Russia's biggest box terminal LONDON - The First Container Terminal in St. Petersburg, Russia's biggest box terminal, reported traffic in February plunged 27.3 percent from a year ago as imports collapsed.

The terminal handled 61,301 TEUs in February, taking volume for the first two months of the year to 124,608 TEUs, a drop of 24.7 percent on the same period in 2008.

The decline "is a direct result of the unfolding economic downturn which is affecting Russian importers in every possible way," said Egor Govorukhin, vice president sales and marketing at National Container Co., the terminal's owner.

NCC's terminal at the Black Sea port of Novorossiysk saw traffic in the first two months fall 12 percent to 20,909 TEUs and its UTC terminal in Ukraine was down 60 percent at 33,148 TEUs.

NCC is performing better than rival terminal operators with its share of the Russian box market rising to 40 percent in January from 28.8 percent in December, Govorukhin said, citing government figures. Russian container traffic totalled around 3.5 million TEUs in 2008.

The upside of the declining market is that carriers can choose a terminal which suits their requirements "which is a drastic change compared to previous periods marked by severe congestion and a tremendous lack of terminal capacity," Govorukhin said.

NCC, which is jointly owned by Russian ocean carrier Fesco and investment group First Quantum, is reported to have halted the completion of a 500,000 TEUs-a-year container terminal at Ust-Luga, some seventy five miles west of St. Petersburg.

CSAV Norasia in huge Asia Med capacity hike

CSAV Norasia is to phase in 5,500/6,500 teu vessels on to the Asia/Black Sea (ABS) service starting later this month to replace vessels around 4,800 teu vessels - a move that will push up capacity on the service by a staggering 30%

The eight vessels being phased in are those mothballed following the closure of the Asia/North Europe (ANE) service in January/February

The phase in programme will start next week when the 5,527 teu Chiaten leaves Tianjin, and will proceed at a weekly frequency until early May when the last of the eight, the 6,541 teu Pangal leaves Tianjin

Effectively, the eight vessels which will offer an average weekly capacity of 6,250 teu, will then be able to offer a fixed-day weekly sailing frequency on the service, something that CSAV Norasia has not always managed in the past

Port rotation : Tianjin, Qingdao, Shanghai, Ningbo, Xiamen, Chiwan, Port Kelang, Jeddah, Port Said, Istanbul, Constanza, Ilyichevsk, Odessa, Port Kelang, Tianjin Of the six vessels presently deployed on this service, four are of panamax-size and 4,800 teu capacity.

Australia - AADA to hike rates

Members of the Asia Australia Discussion Agreement (AADA), which covers the trade between East Asia and Australia, are planning to raise rates from April 15, 2009.

The rate restoration of USD250/TEU will cover all dry freight and refrigerated cargoes exported out of South Korea, China, Taiwan and Hong Kong to all ports and points in Australia.

The AADA is claiming that the rate rise is necessary to push prices up to levels where the costs of providing service is covered and where investment in the future can be justified. While the tradelane has seen some easing in its growth prospects, the demand trajectory was still up in the final part of 2008/early 2009.

The members of AADA comprise: ANL, China Shipping Container Lines, COSCON, Gold Star Line, Hamburg Sud, Hanjin Shipping, Hyundai Merchant Marine, K Line, MSC, MOL, NYK Line, OOCL and Zim.

General Rate Recovery Program - Panama, Caribbean, & Central America

In view of the drastic decline in freight rate level from Asia to Panama, Caribbean, and Central America during the past few months; we, as well as other carriers, have been suffering from heavy losses in maintaining such services. To ensure us continuing to provide our customers quality service in these trade lanes, it is necessary that we launch a rate recovery program without delay. We would, therefore, like to draw your attention to the following GRR Program that we decide to launch:

Effective date: April 1, 2009 (basing on cargo receiving date into Carrier's custody)

Quantum: An increase of $200/$400/$400 per 20'dv/40'dv/40'hc on existing rate agreements or tariff rates

We thank you for your understanding and we look forward to receiving your continuous support.

NOTICE TO SHIPPERS: SOUTHERN PASIFIKA v165

On Friday 13th March the Master of the Southern Pasifika informed us that the main engine had stopped dead approximately 10 miles from Noumea. While the vessel was in no imminent danger at the time, a tug was immediately dispatched in order to safely tow her to Port. Discharging of cargo in Noumea was completed on Saturday and loading operation will commence as soon as the vessel is repaired.

Owners of the Southern Pasifika have dispatched an engineer from Germany over the weekend in order to assess the extent of the problem. At this point in time it is estimated that the vessel will remain in Noumea waiting for the necessary spare parts for up to two weeks. Once we receive updated information from the owners, we will revert with a forward schedule.

Tough times call for long-term perspective

Norwegian risk management company DNV predicts that as many as 8,000 ships could be laid up within the next few years.

DNV says that shipping has entered an era characterised by cancellations, lay-ups and debt.

Around 1,000 vessels are currently idle. More and more carriers are slow-steaming on certain routes, laying up vessels and delaying or cancelling newbuildings. In fact, the world's largest shipbuilder hasn't signed a single shipbuilding contract since September 2008.

According to DNV Maritime's chief operating officer, Tor Svensen, the industry is faced with an overcapacity of tonnage and the prospect of negative growth. "The shipping industry is concentrating on the bare necessities and tightening its belt and these are the sensible things to do, but where there is change there is also opportunity," says Svensen.

DNV is ready with solutions that sharpen operational performance and focus on internal change to achieve maximum gain. Financial and environmental priorities can be harmonised and companies can improve vessel performance by optimising bunker management and equipment performance.

Also, as the number of maritime accidents rises, risk management must underpin changes and ensure safety is not compromised.

"It's impossible to predict the economic future, but we must look beyond the immediate crisis and maintain a focus on the environmental challenges we, as a global community, share," said Svensen.

He added that, in the short-term, the industry must ensure that it operates in an environmentally friendly way, which includes the handling of lay-ups and scrapping as well as voyage management and energy consumption.

In the longer-term, DNV will continue its work on the development of better technologies and more environmentally friendly and efficient shipping.

DNV believes that whilst the current situation is bleak, maintaining a long-term perspective will make everyone in the shipping industry better prepared once the present situation has stabilised.

Inbound cargo slump puts squeeze on US box supply - Market update

THE container equipment shortages that threatened US exports last year have resurfaced, though for very different reasons, writes Janet Porter in Los Angeles.

Exporters are complaining there are not enough containers in parts of the country to meet their requirements, but this time it is not because of a sudden upsurge in overseas sales.

Instead, it is the collapse in inbound volumes that has left insufficient boxes to handle outbound cargoes in some areas.

US exports enjoyed a short-lived resurgence last year as the weak dollar lifted overseas demand. But as the bulk trades soared, many US shippers such as farmers began to containerise their produce, only to leave ocean carriers struggling to reposition equipment to the Mid-West and other regions where there had never been much need for containers in the past.

This time, the shortages reflect a precipitous collapse in trade that has left many containers being stored at ports or on sites close to the coast rather than inland.

Inbound US container volumes plummeted in January, with most ports on the west coast experiencing traffic declines of around 25%. Anecdotal reports indicate the February numbers were just as bad.

The sudden fall-off has triggered a round of price cuts along the supply chain, with lines that have seen ocean freight rates plunge demanding lower charges from terminal operators, which in turn are telling port authorities to reduce their fees. "Everyone's at it," one senior port official told Lloyd's List.

US exporters have the added pressure of knowing everything they produce could be sourced elsewhere, and are now being hit by the double whammy of a stronger dollar and weak overseas markets.

US containerised exports are forecast to fall 9.4% this year after growing 6.5% in 2008, according to Paul Bingham, managing director, global trade and transportation, at HIS Global Insight. A further small drop of 1.1% is projected for 2010, he told the Trans-Pacific Maritime Conference this week.

US exports were hit suddenly late last year. CMA CGM (America)'s Todd Rives told delegates the line witnessed a 30% drop in outbound liftings between the third and fourth quarters. Until then, 2008 was turning into a record year for US containerised exports, with net growth over 2007 of 10% because of the surge in the earlier months.

The bulk of US outbound cargoes consists of low-value commodities such as wastepaper, scrap metal and lumber, which are highly price-sensitive, with buyers shifting sourcing patterns in response to currency movements.

Mr Rives, export trades and line management vice-president at CMA CGM (America), acknowledged that equipment shortages were another problem for exporters, although the biggest issue for ocean carriers is that of phantom bookings by shippers

US Shippers Association project director John Chinn also drew attention to the equipment shortages. "If the equipment is not there, the cargo cannot move," he said,

But in a snap poll of delegates, 50% said the most serious constraint on exports was the weakness of foreign markets, with just 27% citing equipment shortages as their main concern. Another 11% said freight rates were a negative factor.

Maersk Boosts 2008 Profits - Market update

Freight rate outlook for 2009 called 'extremely negative'
LONDON -- Maersk Line, the world's biggest ocean container carrier, booked a modest increase in profits in 2008 as cost cuts, improved operating performance and higher freight rates in the first half compensated for a global market downturn in the final quarter.

Maersk's Danish parent A.P. Moller-Maersk on March 5 said the line's earnings, which climbed to $205 million from $106 million in 2007, are "still not satisfactory".

"The outlook for container rates is extremely negative", A.P. Moller-Maersk warned, as moves by carriers to cut services and lay up ships will be outweighed by the delivery of new tonnage in 2009 and 2010.

There was an "unprecedented" drop in container traffic at the start of 2009, with January shipments down 20 percent from a year ago. Global container volume will decline through 2009, Moller-Maersk forecast.

A.P. Moller-Maersk, which is also active in bulk shipping, shipbuilding and energy, reported net profit of $3.5 billion, up from $3.4 billion in 2007, on revenues of $61.2 billion against $51.2 billion the previous year. "Everything considered, 2008 was a satisfactory year," the Copenhagen-based company said.

Maersk Line's revenue rose 13 percent to $28.7 billion from $25.8 billion, driven by an eight percent increase in average freight rates, including bunker surcharges, and higher revenue from selling capacity and leasing ships to other carriers in Vessel Sharing Agreements. Traffic was flat at 12.4 million TEUs while the global market grew by five percent.

Maersk expects to take delivery of nine container vessels with a total capacity of 33,200 TEUs in 2009. Six ships are scheduled for delivery in 2010, and a further 32 are on order for delivery in 2011-2012. The fleet stood at 464 ships of 1.9 million TEUs at the end of 2008.

Safmarine, the independently managed carrier focusing on routes to and from South Africa, increased profit before financial items to $185 million from $131 million in 2007 as revenues rose 28 percent and volume was 14 percent higher at 1.46 million TEUs.

APM Terminals, the port operating unit, lifted profits to $161 million from $106 million as revenues rose 24 percent to $3.1 billion. Traffic rose eight percent,

double the global market growth, to 34 million TEUs. The share of third party carriers rose to 38 percent from 34 percent in 2007 as they boosted traffic

A.P. Moller-Maersk said the outlook for 2009 is subject to considerable uncertainty due to the development of the global economy. "Specific uncertainties

relate to the development in container freight rates, transported volumes, the dollar exchange rate and oil prices."

The company says 2009's operating result, excluding gains on ships and rigs, likely will be "significantly below" last year's $2.6 billion.

Singamas keeps box factories closed

SINGAMAS Containers Holdings, the world's second largest box maker, has confirmed it has extended the closure of four factories in China making dry freight containers, writes Keith Wallis in Hong Kong.

The company initially suspended production at seven factories for two months and planned to resume box making from March 1.

But the company confirmed yesterday that while production had restarted at three plants, box making at four factories was still halted, although it

did not identify the locations. Singamas has dry freight container factories in Guangdong, Huizhou, Ningbo, Qingdao, Shanghai, Tianjin and Xiamen.

Singamas said production would gradually resume "in the near term". The company added that 4,000 workers of a total workforce of 12,000

had been laid off. Singamas said the layoffs were made to achieve "better cost saving" and "enhance cost efficiency in response to the recent global financial and economic turmoil".

It said while production of dry freight containers had been affected, demand for refrigerated containers, tank containers and other specialised

containers remained healthy and factories making these boxes were operating normally.

The Hong Kong-listed company denied local media reports that it had received almost no orders between December and February.

Instead, Singamas said it had secured orders during those three months and had received "more inquiries and accepted more purchase

Pacific box lines turn to new bunker formula

TSA seeks to boost transparency over fuel charges as carriers start to offer all-in rates

TRANSPACIFIC container lines plan to use a new method of calculating fuel levies in the next round of service agreements as industry leaders warn against the potentially suicidal decision by some carriers to offer all-in rates in a bid to attract new business.

The initiative comes against a background of weakening freight rates and a recent move to charge shippers a single price that combines ocean transport with bunker and other surcharges - a development that could drive lines out of business should oil prices rebound.

As ocean carriers and shippers prepare to open negotiations on annual contracts covering cargo moving from Asia to the US, the 14 members of the Transpacific Stabilization Agreement unveiled a bunker charge formula designed to bring greater transparency to the process.

TSA members are braced for a drop in transpacific eastbound freight rates agreed for the contracts that will be renewed from May 1, a reflection of rapidly weakening cargo volumes.

Neptune Orient Lines president Ron Widdows, who also chairs the TSA, conceded last week that rates would be below those fixed in 2008-2009 contracts.

Some shippers have told Lloyd's List they expect to obtain discounts of around 10%.

TSA lines, which are meeting in Tokyo this week in conjunction with the biannual Box Club forum, usually issue a notice indicating the level of rate increases they will seek, but took no such action this time.

"It would have been disingenuous for the TSA to come out with an announcement saying it was recommending members to raise rates," Mr Widdows said.

Instead, the TSA will provide guidance on economic levels beyond which there is a real danger of having an unsustainable situation, he continued.

"What you will hear from the TSA is more about the general efforts of carriers to end up with contracts in place that allow us to go on for a period of time," he said.

Mr Widdows also spelled out the dangers of eliminating bunker adjustment factors. "That would be truly unwise," he said.

Yet that is what has happened in some cases in the Asia-Europe trades, and to a lesser extent in the Pacific.

"Imagine what would happen, if fuel prices go up, to those lines that are on the brink," Mr Widdows said.

At least in the Asia-Europe trades, a large percentage of contracts are renegotiated on a quarterly basis, whereas Pacific service agreements typically run for a year.

The handful of transpacific contracts already concluded have been fixed at rates that are down by "no small drop", said Mr Widdows, but the bulk have yet to be signed.

TSA lines will begin the transition to a new bunker charge calculation from May 1. The revised formula distinguishes between west coast and east coast sailings; reduces volatility through quarterly adjustment; and addresses changes to vessel size, speed and fuel consumption in recent years, TSA lines said in a statement.

"Vessel and operating characteristics have changed in the seven years since TSA last modified its bunker formula," Mr Widdows said. "In the current environment of price volatility, members saw an opportunity to improve the accuracy of their fuel cost calculations, while also accommodating shippers' calls for greater transparency in how the charge is developed."

The discussion agreement group began working on the new formula last summer after bunker fuel prices hit a peak level of $767 per tonne - a 260% increase since the beginning of 2007.

Prices have since dropped sharply, but are expected to see continued volatility over time.

"TSA has taken a clear step forward with this new bunker formula," Mr Widdows said. "It is simpler, more transparent, and more accurately captures fuel-related costs for local, intermodal and all-water east coast services."

MSC in huge Asia Europe capacity increase

Mediterranean Shipping Co (MSC) is to redeploy 11,000/14,000 teu newbuildings presently operating on the Asia/Mediterranean trade mainly to serve

the South America market through Valencia transhipment, on the Asia/North Europe trade . MSC will switch at least six 11,000/14,000 teu from the

Jade Service through March and April to the Silk Express service replacing vessels of around 9,200 teu capacity which will, in turn switch to the Jade Service.

The capacity injection programme is by far the largest to take place during the present market downturn, which has seen most lines withdraw tonnage, with none even considering pushing up capacity.

MSC's only capacity withdrawal programme to date on the Asia/Europe and Asia/Med trades has covered the Asia/Black Sea trade and the suspension of the Tiger Service

In all cases the phase in vessels replace those of 9,200 teu capacity, By the end of April, MSC's Silk Express service will provide an average weekly

capacity will be 11,200 teu compared with the end of February weekly capacity which was 9,200 teu Throughout the present market downturn,

MSC has always retained the image of bucking the trend, and now with an average weekly capacity increase on the Asia/North Europe trade of

some 21%, albeit at the expense of a similar downturn on the Asia/Med trade, the latest move takes the initiative a huge step forward .

As reported today by PR News Service, MSC is seeking a US$300/teu Asia/Europe westbound rate increase effective April 1st .

Port rotation for the Silk Express : Tianjin, Ningbo, Shanghai, Xiamen, Hong Kong, Chiwan, Singapore, Salalah, Felixstowe, Rotterdam,

Port rotation for the Jade Express : Shanghai, Ningbo, Xiamen, Yantian, Hong Kong, Chiwan, Singapore, Gioia Tauro, Valencia,

SOUTHERN EXPRESS UPDATE

Southern Express V115N sailed Auckland 3 March 2009 and is due to arrive in Rarotonga 14 March.

This voyage will also call Apia 23 March to load cargo for Rarotonga. Arrival into Rarotonga 29 March. The new scheduled dates for V116N back to Auckland as follows:

Southern Express V116N
ETA Auckland : 9 April
ETA Rarotonga : 20 April
ETA Aitutaki : 22 April
ETA Niue : 26 April

We are currently in discussions with the Cook Islands Government, looking at various solutions to address this situation.

We apologise for any inconvenience caused and if you have any queries, please contact your nearest Reef agent.

Bunker Adjustment Factor (BAF)

Greater Bali Hai is pleased to announce that due to the continuing decline in world fuel prices, the Southbound fuel surcharge or Bunker Adjustment Factor (BAF) will decrease by a quantum of USD 50/TEU and USD 2.50/RT.

As such, the following BAF will be applied on all Southbound containerised, breakbulk and LCL cargoes (excluding vehicles) effective from Coral Islander v.39S:

If you have any further enquiries please do not hesitate to contact your local GBH agent.

Ports of Auckland's Shipment Management System goes live

Ports of Auckland has developed a new "Shipment Management System" to support our new procedures for the delivery and loading of export containers.

The system will be available to all our registered customers on www.axis-intermodal.co.nz from Monday the 16th February 2009.

The Shipment Management System helps you to:
- Register your export containers
- Check your export details against the shipping line's booking information
- Pre-advise Ports of Auckland of the delivery of your export containers
- Ask your shipping line to approve the delivery of a container after cut-off
- Note the shipping line's response
- Follow your containers until they have been loaded
- Request auto-tracking so that you are advised containers are delivered and loaded
- View all shipment details as well as vessel arrival and departure schedules
- Check if your container has been CEDO cleared
- Request other Port and Terminal Services like fumigation and weighing.

See www.axis-intermodal.co.nz on Monday the 16th February 2009 for:
- A registration form to enrol for the new service
- A detailed introduction to our new procedures for export containers
- Questions and Answers
- Online tutorial.

Ports of Auckland's new export container procedures apply to the delivery of containers outside the window of seven days to 12 hours before a vessel's ETA. Containers delivered outside this window now need to be pre-advised to us. In addition, containers delivered less than 12 hours before the vessel's ETA now require shipping line approval prior to delivery and loading.

New Zealand does not permit the export of containers without approval from NZ Customs. Approvals must be supplied electronically by NZ Customs no later than two hours before the vessel's ETA. If a NZ Customs CEDO approval is not received by this time the container will not be loaded.

Thank you for your cooperation and support. The added discipline required by these changes will benefit all exporters through the creation of a more efficient and smart supply chain.

Please contact Pauline Marshall on marshallp@poal.co.nz - phone +64 9 309 1324 if you have questions or require further information.

Ports of Auckland - BUSINESS RULES – INTRODUCTION AND QUESTIONS & ANSWERS

Ports of Auckland is introducing new business rules related to the delivery and loading of containers at their Fergusson and Bledisloe Container Terminals.

Tasman Endeavour - Drydock - 2009

Notice of dry-docking for the Tasman Endeavour
Tasman Orient would like to advise that the Tasman Endeavour is required to dry dock in April 2009. In order to accommodate the dry docking, the vessel will be brought ahead of long term schedule dates via a number of port omissions.

The subsequent schedule adjustments will be reflected in our weekly commercial schedule (attached for your
reference) however they have also been listed below in detail for your information.

Northbound Tasman Endeavour v. 110913
Ho Chi Minh - cargo will have to transfer to either Tasman Resolution v.110912 or Tasman Independence
v.110914.

Singapore - cargo will have to transfer to either Tasman Resolution v.110912 or Tasman Independence
v.110914.

Southbound Tasman Endeavour v. 140916
Ho Chi Minh - containers to be t/ship via Singapore. Breakbulk to be booked to Tasman Resolution 140915 or
Tasman Independence 140917.

Timaru - containers to be t/ship via Tauranga. Breakbulk to be booked to Tasman Resolution 140915 or Tasman
Independence 140917.

Northbound Tasman Endeavour v. 110919
Timaru - cargo to be transfer to either Tasman Resolution v.110918 or Tasman Independence v.110920.

Please contact your local office for further information. We apologize in advance for any inconvenience caused by
this schedule change.

Hamburg SUD Announcement: New Special Equipment Surcharge level

Hamburg Sud wishes to advise that our export "Special Equipment Surcharges" have been reviewed and with 30 days notice will be standardised across all tradelanes (excluding Australia) at the following levels:

Ex New Zealand to World (excluding Australia)
- USD350 per 20' flat rack / open top container
- USD700 per 40' flat rack / open top container

These levels will apply from 20th March 2009 with the first effective sailings being:

ETD Timaru 24th March / Port Chalmers 25th March / Napier 27th March / Tauranga 28th March / Auckland 29th March 2009
USA West Coast PNW:
Sicilia v.769

ETD Tauranga 26th March 2009
Asia/Americas/Caribbean via Hong Kong:
Cap Palmerston v.910

ETD Tauranga 24th March / New Plymouth 26th March / Lyttelton 27th March /
Napier 29th March 2009

An adjustment to the New Zealand / Australia Special Equipment Surcharge levels will be
advised in due course.

MAERSK BAFs

South Sea’s Service - Change of Terminals

Effective with the arrival of vessel Niu Polynesia 391 S on or about March 6, 2009 South Sea's service will change
From current berth 58 in Oakland to

TransBay Container Terminal Inc
2500 7th Street
Berth 25
Oakland Ca, 94607

Please contact your Hamburg Süd representative with
any questions that you may have.

SOUTHBOUND TRADE ANNOUNCEMENT Australia/New Zealand Services

Effective March 15, 2009, the Emergency Fuel Adjustment Factor (EFAF) for all cargo moving out of the United States and Canada to Australia and New Zealand will decrease to US $288/20' and US $576/40'.

Tariff cargo as well as existing service contracts will be subject to this charge.

EFAF will continue to be monitored on a quarterly basis and adjustments will be made following the review period, with the appropriate notice given to the trade.

Please contact your Hamburg Süd representative with any questions that you may have.

New TSA known shipper policy (USA)

We have been advise by the TSA that effective immediately, freight forwarders can no longer make shippers known via foreign consignee site visits. What this means is that all of the cnees / end customers has been visited our key staff in PPT and filled out the known shipper forms, will no longer be valid. From this point on, we will only be able to ship for customers that are known via site visit or via the KSMS database. We will have to check the database on all new shippers and confirm. Please keep in mind this applies to ALL companies, not just Phoenix International.

INLAND TARIFF FUEL SURCHARGE Northbound USA / Canada / Mexico

Fuel Surcharges from our North American Rail and Trucking vendors have adjusted, requiring us to revise the Inland Tariff Fuel Surcharge.

Hamburg Sud would like to advise with immediate effect the Northbound Inland Fuel Surcharge will decrease from 18.0% to 12.0%.

From New Zealand, the revised fuel surcharge will apply to North American, Canadian and Mexican tariff inland costs for cargo received from the following vessels;

- US East Coast / Canada via Manzanillo, PA: Patricia Schulte v.852
ETD Timaru 10th February / Port Chalmers 11th February / Napier 13th February/
Tauranga 14th February / Auckland 15th February 2009

The Inland Fuel price situation is being kept under review, and we will advise you as and when any further adjustments, either upward or downward, to the level become warranted.

NEW ZEALAND MINISTRY OF AGRICULTURE & FISHERIES IMPORT PROTOCOLS

A FINAL REMINDER THAT THE FULL IMPLEMENTATION OF SEA CONTAINER AUDITING IS TO COMMENCE ON 9 FEBRUARY 2009

MAF Bio security New Zealand (MAFBNZ) has been conducting Level 1 (baseline) import sea container audits for the past three years, to establish and monitor bio security contamination rates, wood packaging compliance and cargo tariff code compliance associated with imported sea containers.

From 9 February 2009 if bio security contamination is found on a sea container; or wood packaging or cargo are found to be non-compliant during a level 1 audit, an increased audit regime will be put in place..

The increased audit level will be 100% and will remain in place until five successful audits have taken place or a period of 12 months has elapsed, whichever occurs first.

100% auditing is targeted at the overseas exporter/supplier. This means that more than one NZ importer may be affected by a single audit failure and incur increased costs.

MAFBNZ activities relating to 100% (enhanced level) sea container auditing will be fully cost recovered. Level 1 (baseline) auditing will continue to be funded by MAF through the sea container levy.

Where a low level of contamination is detected MAFBNZ inspectors have the discretion to decide if an audit failure has occurred or if the contamination is to be recorded and no further action taken.

Audit failures relating to transitional facilities and accredited persons will continue to be referred to MAFBNZ Bio security Officers for further action.

- the presence of internal or external contamination that, in the opinion of an inspector, would render the container quarantine declaration invalid

- wood packaging that does not meet the requirements of the Import Health Standard for Wood Packaging Material from All Countries. (ISPM15)

Air Tahiti Flight Schedule

LA-LONG BEACH Clean Truck Fee FEB. 18

The ports of Long Beach and Los Angeles on Feb. 18 will begin collecting a
$35-per-TEU fee to support their clean-trucks program.

Revenue from the fee, which could total $1 million a day for both ports
combined, will be used to subsidize motor carriers for up to 80 percent of
the cost of purchasing a new truck that meets the ports' strict pollution
standards.

Collection of the fee has been delayed twice since November. The Federal
Maritime Commission is seeking a preliminary injunction in the U.S. District
Court in Washington against certain aspects of the ports' clean-trucks
programs that the commission believes are anti-competitive under the 1984
Shipping Act.

Although the case is pending, the FMC on two occasions was able to
administratively block the fee collection by requesting additional
information from the ports on the fee services agreement. Each request
triggered a 45-day comment period.

The ports in late December answered the second set of questions posed by the
commission, and that 45-day clock will expire in mid-February.

The ports on Oct. 1 banned all pre-1989 trucks from the harbor. Motor
carriers now face a deadline of Jan. 1, 2010, when all pre-1994 trucks will
be banned. Also, model year 1994 to 2003 trucks that have not been
retrofitted will also be banned on Jan. 1.

Since this next deadline will affect thousands of trucks, the ports are
anxious to begin collecting the clean-trucks fee and providing subsidies for
the purchase of new trucks. "It is imperative that we begin collecting the
fees so we can move forward and achieve our clean-air goals," said Richard
D. Steinke, executive director of the Port of Long Beach.

PortCheck, a nonprofit company established by marine terminal operators in
Southern California to collect the fees, has already installed the computer
system that will be used to process the fee collection.

Bruce Wargo, who heads up PortCheck, said some shippers have been testing
the system and claiming cargo under PortCheck, so he is confident the system
can go live by Feb. 18.

The question of the FMC's ability to further delay fee collection is still
open. Although it appears that the commission can no longer seek additional
information on the Port Fee Services Agreement filed by Los Angeles and Long
Beach, it is possible that the FMC could launch a separate case against the
PortCheck procedure.

In addition, U.S. District Court Judge Richard J. Leon in Washington has
indicated that he will rule on the FMC's request for a preliminary
injunction in 2009. He could rule in February.

Southbound BAF REVIEW- From Papua New Guinea, Solomon Island’s and Vanuatu to New Zealand, New Caledonia & Australia

Since our last review in November 2008, we have seen oil prices continue to ease to lower levels.

Accordingly, we have reviewed our BAF, and this will be reducing by 6% to +24.5 % with effect from early March 2009.

Sofrana Surville V149S loading PNG: 2-5 March 2009, Honiara 12 March, Port Vila 16 March.

We will continue to closely monitor both the global fuel prices and exchange rate between the US$ and NZ$ and adjust our surcharges as and when sustainable change occurs.

BAF REVIEW – Wallis & Futuna to New Zealand

Since our last review in November 2008, we have seen oil prices ease once again to lower levels.

Accordingly, we have reviewed our BAF, and this will be reducing by 6.3% to +37.4% with effect from mid March 2009.

We will continue to closely monitor both the global fuel prices and exchange rate between the US$ and NZ$ and adjust our surcharges, CAF included, as and when sustainable change occurs.

Should you have any queries or require additional information please contact your local Sofrana agent.

BAF REVIEW – New Zealand to Wallis & Futuna

Since our last review in November 2008, we have seen oil prices ease once again to lower levels.

Accordingly, we have reviewed our BAF, and this will be reducing by 6.3% to +37.4% with effect from late February 2009.

We will continue to closely monitor both the global fuel prices and exchange rate between the US$ and NZ$ and adjust our surcharges, CAF included, as and when sustainable change occurs.

Should you have any queries or require additional information please contact your local Sofrana agent.

BAF REVIEW – New Zealand to New Caledonia, Papua New Guinea, Solomon Island’s, Vanuatu

Since our last review in November 2008, we have seen oil prices ease once again to lower levels.

Accordingly, we have reviewed our BAF, and this will be reducing by 11.4% to +32.3% with effect from mid February 2009.

- Sofrana Surville V149 loading Trg/Akl: 12-15 February 2009
- Southern Pasifika V165 loading Akl: 27 February 2009

We will continue to closely monitor both the global fuel prices and exchange rate between the US$ and NZ$ and adjust our surcharges, CAF included, as and when sustainable change occurs.

Should you have any queries or require additional information please contact your local Sofrana agent.

SWIRE EUROPEAN EXPORT CURRENCY ADJUSTMENT FACTOR (CAF) SURCHARGE WRTW and EPE TRADES- February 2009

Swire Shipping' Europe Pacific Express (EPE) and West about the World (WRTW Bankline) Services wish to advise the level of CAF that will be effective as of 01st February 2009 and will remain in force until further notice.

Notice to shippers - CABAF January 2009

NOTICE TO OUR VALUED CUSTOMERS: BAF REVIEW - EX NEW ZEALAND

EFAF Surcharge reduction - Effective 1/23/09

Please be advised Effective January 23, 2009 the
Emergency Fuel Adjustment Factor (EFAF) for all cargo moving From/To the US/Canada and the South Pacific Islands will decrease to US $424/20' and US $848/40'.

Tariff cargo as well as existing service contracts will be subject to this charge. This will apply for all cargo received for the Nui Polynesia Voyage 390S.

EFAF will continue to be monitored on a quarterly basis and
adjustments will be made following the review period,
with the appropriate notice given to the trade.

Swire Shipping - PI Service - BAF & CAF notice

Please find bellow a notice in regards to a BAF & CAF change on the New Zealand Pacific Islands Service.

Please note that this will be effective from the Highland Chief v0111N and Pacific Discoverer v0014N ex Melbourne

Hamburgsud EFAF Surcharge reduction - Effective 1/23/09 / Clean truck fee

Tariff cargo as well as existing service contracts will be subject to this charge.

EFAF will continue to be monitored on a quarterly basis and
adjustments will be made following the review period, with the appropriate notice given to the trade.

TERMINAL HANDLING CHARGES - AUSTRALIE / NOUVELLE ZELANDE

Southern Pasifika V163 - Late

Here the new schedules:
Voyage V163:
Noumea 23/01 (ETD)
Pt Vila 27/01
Suva 30/01
Wallis 03/02
Futuna 04/02
Auckland 09/02

GREATER BALI HAI INTRODUCES NEW AND LARGER VESSEL

Greater Bali Hai's brand-new vessel, M/V "Tropical Islander", is scheduled to be introduced into the service from March 2009, replacing the much smaller "Kyowa Cattleya".

"Tropical Islander" is the latest of four sister vessels which have been specifically designed and built in Japan for Greater Bali Hai's service between Asia and the Pacific Islands. The sister vessels, "Coral Islander II, Pacific Islander II and South Islander", have been in the service since November 2002, February 2003 and December 2007 respectively.

The introduction of "Tropical Islander", with a deadweight tonnage of 17,800 tonnes, complements the existing three ‘Islander Class' vessels already deployed in the trade between Asia and the Pacific Island's service and is larger and faster than the outgoing "Kyowa Cattleya". With larger crane capacity and better ramp possibilities for cars and other mobile vehicles, all four vessels are uniquely suitable for the combination trade of containers, vehicles and uncontainerised cargoes which is prevalent in the South Pacific region. Along with providing a consistency of capacity that is designed to meet the needs of the trade for many years into the future the increased speed available will also allow for improved schedule reliability.

"Tropical Islander" is scheduled to commence her transit through the South Pacific during April, 2009.

shipment of export containers through ports of auckland container terminals

New procedures
effective 1st February 2009 - charges to apply from 1st April 2009 customer feedback sought.

At Ports of Auckland our aim is to continually improve the level of service we offer shipping lines and exporters. In recent years we have experienced significant growth in container volumes, coupled with larger vessels and container exchanges. Better planning will be of enormous benefit to all our customers and the wider supply chain.

Key to our ability to plan ahead is access to information before containers are delivered to us. This information enables us to optimise the use of our container terminal space and avoid excessive container moves.

Following extensive consultation and dialogue with our customers, we are therefore introducing four new business procedures for the delivery and loading of export containers through AXIS Terminals, effective 1 February 2009.

These procedures will be reviewed and fine tuned over a two-month trial period, and we look forward to your feedback and contribution to this process. Following the trial period we will be introducing new export demurrage charges in cases where these procedures are not followed.

We are also planning a series of enhancements to our website www.axis-intermodal.co.nz. These enhancements will give customers greater ability to track the progress of their containers with real-time information.

These new procedures will bring practices at Ports of Auckland into line with other leading international ports, and we look forward to your cooperation in helping to create a world-class export supply chain for New Zealand.

Ports of Auckland currently accepts delivery of export containers between seven days and twelve hours before a vessel‘s expected arrival (ETA). Based on this principle, the new procedures are:

For containers delivered outside the agreed free time period (from 7 days to 12 hours before a vessel's ETA), pre-advice of delivery with an export E-note on www.axis-intermodal.co.nz will be required.

We will only accept containers delivered earlier than 7 days before a vessel's ETA if an export demurrage charge has been agreed. This will be administered via the export E-note and transacted direct between the cargo owner (shipper or their nominated agent) and the Port. This is because containers delivered early require additional moves to place them in the optimal position for loading, adding cost to our operations.

For export demurrage charges, please refer to our 2009 Price Schedule, which will be hosted on our website from 22 December 2008.

Containers delivered late (within 12 hours of the vessel's ETA), will only be accepted for the intended vessel if we have been notified in advance that they have been approved by the shipping line.

After the vessel has arrived, containers will only be accepted and loaded with the prior approval of both the shipping line and ourselves.

This is because the late delivery of containers has a major negative impact on the efficient and timely planning and loading of vessels.

If containers are delivered after the vessel has arrived and no prior approval has been given, they will be received into the terminal but not accepted for the intended vessel. The details will be relayed to the shipping line to handle rebooking on a later sailing. If the containers are stored more than seven days an export demurrage charge will be levied direct with the cargo owner (shipper or their nominated agent).

To be accepted for loading, containers must have an export approval from NZ Customs (CEDO) no less than two hours before the vessel's ETA.

These approvals are received electronically from NZ Customs. Except for trans-shipment containers we will only accept CEDOs electronically. We encourage all customers to process their CEDOs as early as possible to prevent any last minute challenges because of inspections or X-rays requested by Customs.

Containers without a CEDO two hours prior to the vessel's ETA will be removed from the load list and retained at the terminal for loading on a subsequent vessel. If stored for more than seven days an export demurrage charge will be levied direct with the cargo owner (shipper or their nominated agent).

The majority of export containers handled at AXIS Terminals are already delivered within the timeframes, and with the necessary approvals, required in the procedures set out here.

To help make the procedures as fair and easy as possible, we will continue to provide our customers with timely information and "alerts" when something does (or does not) happen to their cargo.

· Containers that have been delivered or where delivery has been pre-advised can be monitored on our website. "Real-time" container status information enables the cargo to be tracked until the container has been loaded and the vessel has departed.

· "AXIS Supertrack" gives customers the option of receiving e-mail updates on the status of containers based on self-selected "events" (for example the loading of the container).

· Containers that need to be delivered late will be monitored, and in case a CEDO has not been received or the container has not arrived by the time specified, an early warning e-mail can be requested to avoid leaving the container/s behind. Please note that we are not legally allowed to load containers without a CEDO.

· If you need to deliver containers early then extended free storage is available at the Wiri Inland Port in South Auckland as per agreed terms.

· We will plan the loading of containers that have been registered and approved for late delivery prior to their arrival. These containers will be guaranteed a space on the vessel, subject to approval from the shipping line.

As outlined above, these process changes will enable more efficient container handling, with fewer container moves and optimal container positioning prior to loading. Ultimately, these efficiencies will increase capacity at Ports of Auckland, and improve ship and truck turnaround times. This is about working smarter and with better forward planning, and the resulting efficiencies will ultimately benefit your customers as well the overall New Zealand supply chain.

After a two month trial period, during which we welcome your feedback and input, we will be introducing the export demurrage charges noted above from 1st April 2009.

Thank you for your assistance in working with Ports of Auckland to implement these procedures.

For further information please contact myself, Richard Potton or Finn W. Jensen.

NZ Schedule and Notice to Shippers

Southern Pasifika V163 - Delayed

The Southern Pasifika boat is blocked in Noumea Harbour because of an engine problem.

INLAND TARIFF FUEL SURCHARGE Northbound USA / Canada / Mexico

Fuel Surcharges from our North American Rail and Trucking vendors have adjusted, requiring us to revise the Inland Tariff Fuel Surcharge. Hamburg Sud would like to advise with immediate effect the Northbound Inland Fuel Surcharge will decrease from 26.0% to 18.0%.

From New Zealand the revised fuel surcharge will apply to North American, Canadian and Mexican tariff inland costs for cargo received on the following vessels;

- US East Coast / Canada via Manzanillo, PA: Maersk Juan v.847
ETD Timaru 6th January / Port Chalmers 7th January / Napier 9th January / Tauranga 10th January / Auckland 11th January 2009

- US West Coast / Canada PNW: Cap Andreas v.764
ETD Auckland 11th January 2009

- US West Coast / Mexico PSW: ANL Binburra v.102
ETD Tauranga 8th January 2009

- Mexico via Hong Kong: Cap Portland v.851
ETD Tauranga 7th January / Lyttelton 9th January / New Plymouth 11th January 2009

The Inland Fuel price situation is being kept under review, and we will advise you as and when any further adjustments, either upward or downward, to the level become warranted.

Should you have any queries, please do not hesitate to contact your local Hamburg Süd Customer Services Departments on the following toll-free number:
Auckland: 0508 222 444
Dunedin: 0800 666 566

PDL INTER-ISLAND BAF ADJUSTMENT

Pacific Direct Line wish to advise customers, as part of the ongoing review of BAF surcharges, there will be a BAF decrease due to continued movement in Bunker prices, therefore the following adjustment will be made.

Off Peak Saturday gates to be suspended 1/17/09 (no more Saturday Gates in Long Beach)

LONG BEACH, Calif., Dec. 23, 2008 - Marine terminal operators at the Ports of Los Angeles and Long Beach today announced that they will suspend Saturday OffPeak shifts due to declining cargo volume. The new weekly schedule comes into effect on January 17, 2009. The last Saturday shift will be on January 10, 2009.

As the economy has slowed sharply, cargo container volume at the two ports in October and November fell 19 percent compared with the same period in 2007. Labor costs on Saturdays are 1.5 times the base rate, while night shift labor rates are 1.33 times the base rate.

"With the drop in cargo volume, terminal operators must reduce their operational costs," said PierPASS President and CEO Bruce Wargo. "When economic activity rebounds and cargo volume growth resumes, we will evaluate whether to reinstate the Saturday shift." Wargo noted that there continues to be significant unused capacity during the second half of the night shift on weekdays.

The OffPeak program was established in 2005 to reduce congestion and air pollution in and around the Los Angeles and Long Beach ports. Under the program, all international container terminals in the two ports established five new shifts per week (Monday through Thursday from 6 p.m. to 3 a.m. and Saturday from 8 a.m. to 6 p.m.). As an incentive to use the new OffPeak shifts and to cover the added cost of the shifts, a Traffic Mitigation Fee ("TMF") is required for most cargo movement during peak hours (Monday through Friday, 3 a.m. to 6 p.m.). The program is administered by PierPASS, a not-for-profit company created by marine terminal operators at the ports to address multi-terminal issues such as congestion, security and air quality.

The marine terminal operators, through an independent consultant, are analyzing the current costs for the OffPeak program, assessing current traffic patterns and volume and the impact of ending the Saturday shift. The evaluation is scheduled to be completed in January. The terminal operators will then determine whether any modification to the TMF is warranted.

Hamburg Süd TRADE ANNOUNCEMENT TO/From South Pacific Islands

Effective February 1, 2009, the Emergency Fuel Adjustment Factor (EFAF) for all cargo moving From/To the US/Canada
and the South Pacific Islands will decrease to US $424/20' and US $848/40'. Tariff cargo as well as existing service contracts will be subject to this charge.

EFAF will continue to be monitored on a quarterly basis and adjustments will be made following the review period, with the appropriate notice given to the trade.

Please contact your Hamburg Süd representative with
any questions that you may have. Or call your Customer Service Department toll free at

CANADA
1-888-372-8528 - Montship Inc. as agents
1-604-640 -7452 Montship Inc. as agents

Hamburg Sud BAF Decrease to Papeete

Hamburg Süd New Zealand Ltd wish to advise the current review of the bunker adjustment factor has triggered a decrease from +53.9% to +32.16%.

Based on current schedules the first effective vessel is:
CAP ANDREAS V 764 N ETD AUCKLAND 11 JANUARY 2009

Should you have any queries please do not hesitate to contact your local Hamburg Süd Customer Services Departments on the following toll-free numbers:
Auckland: 0508 222 444
Dunedin: 0800 666 565

China Customs 24 Hour Rule

COSCO (New Zealand) Ltd would like to advise our valued customers of the forthcoming China Customs 24 hour rule.

On March 28th 2008 China Customs issued "Decree No.172 of General Administration of Customs" being effective from 1st January 2009.

The China 24 hours rule for New Zealand affects all export shipments from New Zealand with final destination to mainland China ports or cargo transshipped at Chinese ports.

It is now mandatory for Shippers to provide Export Documentation/Shipping instructions container the following data.

As of 1st January 2009 the mandatory reporting deadline (documentation cut off) for COSCO to receive the above information will be 24 hours prior to vessel cut off at Terminal.

Please note that failure to submit documentation by cut off could result in non loading of that shipment. China Customs will allow some corrections, however these need to be advised to China Customs with supporting documents. Fines may be levied by China Customs for non conformance.

As per individual load ports, schedule shown below, export documentation cut offs for China destined cargo or transshipped via china Ports effective MOL Wellington v081N:

* If the cut off falls on a public holiday, cut off will be enforced the day prior.

IMPORTANT NOTICE FOR NEW ZEALAND TO FIJJI CUSTOMERS

Hamburg Süd wishes to advise customers that following a review of current CABAF levels applicable in the New Zealand to Fiji trade, the CABAF will decrease from the current level of 44.34% to 33.67% on the 23rd January
2009. We will also take the opportunity to roll the CABAF into the existing freight rates.

At the same time, we will convert our tariff into US Dollars to reflect the predominant cost structure of the service. All existing rates will be converted from New Zealand Dollars to US Dollars at a rate of 0.56.

Your Hamburg Süd representative will be in contact with you in due course to confirm your new rates.

Should you have any queries, please do not hesitate to contact your local Hamburg Süd Customer Services Departments on the following toll-free
numbers: 0508 222 444

PGL Christmass Greatings

CURRENCY ADJUSTMENT FACTOR – PACIFIC ISLANDS / PNG SERVICE

The recent global financial crisis has lead to significant fluctuations in the foreign exchange rates over recent months. In particular, the Australian Dollar has substantially depreciated against the US Dollar and PNG Kina. The impact of these changes has had an adverse impact on costs of shipping.

Under the current circumstances and given the volatility and uncertainty the implementation of a Currency Adjustment Factor (CAF) has become necessary. Effective from the 1st January, 2009 a CAF of 12.30% will be applied to Australian dollar freight rates. The CAF will be reviewed monthly thereafter.

For further information please do not hesitate to contact your local Swire Shipping representative

REVISED BUNKER ADJUSTMENT FACTOR – PACIFIC ISLANDS / PNG SERVICE

Please be advised that with effect 1 January 2009, the Bunker Adjustment Factor (BAF) for Swire Shipping's Pacific Islands and PNG Services will decrease as follows:

Northbound and Southbound
Current Rates: USD 505.50 / TEU, USD 1,011.00 / FEU and USD 25.28 / RT

Effective: Arrival Melbourne MV Kokopo Chief v143N
Arrival Melbourne MV Pacific Fantasy v016N

For further information please do not hesitate to contact your local Swire Shipping representative or our Customer Service Department in Australia on 1300 550 505 or in New Zealand on 0800 947 947.

IMPORTANT NOTICE TO OUR VALUED CUSTOMERS SOUTHERN EXPRESS V112N

We regret to advise that the second call of our ship Southern Express into Rarotonga to complete voyage 112,
originally scheduled with an estimated time of arrival on Sunday 21 December, will now be delayed until
Wednesday 24 December.

As you will know, in order to cope with very high volumes of cargo at this time of year, we had arranged for the
ship to discharge a first lot of cargo at Rarotonga on 11 December, and to detour to Apia to pick up the
remainder of the voyage 112 cargo. Unfortunately, a number of unforeseen circumstances have arisen, which
together will now delay the ship's second Rarotonga discharge. These include adverse weather earlier in the
voyage, ship working at Aitutaki stretching over a weekend, delays of the connecting ship into Apia, and
predicted port congestion at Apia.

We are in discussions with Rarotonga stevedores to find ways to expedite discharge and release to consignees
of the last of the voyage 112 cargo just as soon after Christmas as possible. We suggest that importers and
consignees wishing to monitor progress stay in touch with XCIL Agencies. In the meantime, we can only say
again how much we regret the resultant effect on our planned last discharge before Christmas, and apologise
in advance for the inconvenience and disappointment which is unfortunately now inevitable.

We expect things to return to normal in the new year, and thank all of our valued customers for their understanding and continued support.

DECREASE IN BUNKER ADJUSTMENT FACTOR (BAF) TO/FROM ASIA TO NEW ZEALAND AND PACIFIC ISLANDS

The BAF decrease, from US$425.00 per TEU to US$270.00 per TEU, will apply to both import and export cargo on our service to and from Asia.

Based on current schedules, the first effective vessels are:
Southbound:
ex Japan/Korea/NPRC/CPRC
Cap Preston V902s
(ETD Yokohama 3rd January 2009)

Adjustment Factor (BAF)

As such, the following BAF will be applied on all Southbound containerised, breakbulk and LCL cargoes (excluding vehicles) effective from Kyowa Cattleya v.81S:

If you have any further enquiries please do not hesitate to contact your local GBH agent.

Review of Wine Export Certification

The New Zealand Food Safety Authority has initiated a review of the Wine Export Certification Process.

The existing process was transferred to NZFSA from The Ministry of Health in 2002 and the electronic platform on which it is based is nearing the end of its life time.

In essence, what the system of certification does is assure our export markets that New Zealand wine exported is manufactured to the same standards as required domestically, that it is a quality product and can be traced back to the grape variety, vintage and region. In short, that our wines can be trusted.

The review, aims to establish "robust and appropriate certification processes" to ensure certification keeps pace with New Zealand's rapidly expanding and increasingly complex wine exports.

Changes in both the global market and the legislation governing wine manufactured in New Zealand mean that the existing system needs reviewing and upgrading to better meet the strategic objectives of NZFSA and today's export market.

The terms of reference of the review include reviewing traceability and the level of verification for export certification, considering the impacts of Wine Standard Management Plans on the Export Certification process, reviewing the alignment of the system with NZFSA's accepted principles and policies, reviewing legislation and funding currently in place.

One of the first outputs from the review will be the development of a new electronic platform for the management of the Wine Export Certification.

For the review to be successful NZFSA need the New Zealand wine industry's help in ensuring the development of a system that meets the industry's needs going into the future. NZFSA have been and will continue to work with and through the NZ Winegrowers but we also encouraging individual members to contribute to the consultation process over the 2 years.

Further information will be posted on the NZFSA website as it becomes available.

HANSA FLENSBURG V762N WILL OMIT PAPEETE

This is to confirm ROC have recommended to Mancom to Omit Papeete on this voyage as further delays in Adelaide will cause 2 more days delay at Papeete due Christmas

BAF MAERSK - DECEMBRE 2008

SOUTH EAST ASIA* TO AUSTRALIA/NEW ZEALAND AND PACIFIC ISLANDS TRADE

The current review of bunker fuel prices has resulted in a decrease to the Bunker Adjustment Factor (BAF) applied on our South East Asia* to Australia / New Zealand
and Pacific Islands service.

The BAF will decrease to US$ 270.00 per TEU on Southbound cargo effective 1st January 2009 for all South East Asian* origins.

For Fremantle / Sydney / Melbourne / Adelaide
Maersk Gairloch V903S ETD Singapore 4th January 2009

Please contact your local HAMBURG SÜD representative or agent with any questions that you may have.

Note: * For the purposes of this BAF notice India and Pakistan are included in Hamburg Süd's definition of South-East Asia.

For further information please contact our local agents.
Auckland: 0508 333 666
Dunedin: 0800 666 566

REVISED BUNKER ADJUSTMENT FACTOR – PACIFIC ISLANDS / PNG SERVICE

Please be advised that with effect 1 December 2008, the Bunker Adjustment Factor (BAF) for Swire Shipping's Pacific Islands and PNG Services will decrease as follows:

Northbound and Southbound
Current Rates: USD 670.20 / TEU, USD 1,340.40 / FEU and USD 33.51 / RT

Effective: Arrival Melbourne MV Kokopo Chief v142N
Arrival Melbourne MV Pacific Horizon v004N

For further information please do not hesitate to contact your local Swire Shipping representative or our Customer Service Department in Australia on 1300 550 505 or in New Zealand on 0800 947 947.

Vessel “Kirsten K” to service Tonga

Due to the pre-Christmas peak season, the Southern Lily 215 is severely overbooked. Accordingly we had made the decision to charter the Scarlett Lucy to service Tonga.

So that all cargoes can reach Tonga in time, we have now chartered the vessel "Kirsten K" instead. Her schedule will be as follows :

Cut off time for all cargo booked on "Kirsten K" will be midday (1200) on the 12th of December 2008.

We sincerely apologize for this last minute change which might generate some extra work as far as CEDOs are concerned. However this decision has been driven by our ongoing goal to maintain our schedule integrity and delivery times.

COSCO - BAF Notice, 15th Dec 08

COSCO (New Zealand) Ltd would like to advise our valued customers of the forthcoming adjustment in our Bunker Adjustment Factor.

Should you require any further information please do not hesitate to contact your local Customer Service or Sales & Marketing team on 0800 22 88 88.

PACIFIC GATE LOGISTICS HOLIDAY HOURS - 2008

Dear Clients, Agents & Partners,

Please kindly note our operational hours during the Christmas / New Year Period.

Office / Warehouse Hours

December 24th 8:30am - 12 midday
December 25th - Closed
December 26th - Closed
December 29th - 8:30am - 5:00pm
December 30th - 8:30am - 5:00pm
December 31st - Closed
January 1st - Closed
January 2nd - Closed

Normal working hours resume Monday 5th January 2009.

For specific receival and release dates please liaise with our operations department.

From our team to yours Happy Holiday's. We wish you and your families a very
Merry Christmas & Happy New Year. Take care and be safe.

Review of Wine Export Certification

The New Zealand Food Safety Authority has initiated a review of the Wine Export Certification Process.

The existing process was transferred to NZFSA from The Ministry of Health in 2002 and the electronic platform on which it is based is nearing the end of its life time.

The review, aims to establish "robust and appropriate certification processes" to ensure certification keeps pace with New Zealand's rapidly expanding and increasingly complex wine exports.

One of the first outputs from the review will be the development of a new electronic platform for the management of the Wine Export Certification.

Further information will be posted on the NZFSA website as it becomes available.

BAF Announcement â€“ New Zealand to UK / Europe Mediterranean

The following BAF adjustment is effective from the date and voyage shown below and applies for exports to UK / Europe and Mediterranean.

The new rate will decrease to US$405 per 20ft and US$810 per 40ft effective the Matisse V8547 etd Tauranga 14 January.

Marfret offers a fortnightly service with fast transits to UK / Europe including weekly connections at Manzanillo to the Mediterranean on NASP from Auckland / Tauranga and Napier.

Marfret will continue to monitor their Bunker usage and will advise immediately if any further adjustments are required.

New MAF Requirements - New Zealand

From 9 February 2009 NZ MAF Biosecurity will increase their inspection and auditing of import sea containers to ensure compliance with Quarantine and ISPM15 standards.

We refer you to the following message from NZ MAF that explains what is going to happen.

To avoid any delays, inspections and associated costs, it will be vital that containers and cargo shipped to New Zealand fully comply with import regulations.

By implementing the following guidelines, you will assist us with the smooth processing of your containers.

1. Empty containers must be inspected at origin (and cleaned if necessary) to ensure they are free of any previous residue, soil, seeds, insects, etc. The exterior of the container must be clean on 6 sides.

2. ISPM-15 is mandatory for all cargo. Pallets and other wood packaging must be marked accordingly. Failure to do so will result in fumigation or destruction on arrival. Costs will be billed to the consignee affected.

We recommend that your documentation states words to the effect "The shipper warrants that the cargo complies with ISPM15 and NZ MAF Biosecurity requirements".
Train your container packers to identify non-compliant cargo to ensure it is not shipped.

3. Cargo descriptions must be accurate to avoid Quarantine inspection and potential delays. For example "auto parts" and "machinery" are not sufficient. Please add "new" or "used" and a description of the type of machinery. All used machinery must be "clean as new". Any cargo with an ambiguous description may be stopped for MAF quarantine inspection.

4. Marks and numbers of packages must tally and be fully described in the HBL and manifest. This mainly applies to co-load cargo where each individual line of freight must be separated so that it is easily identified. Do not combine marks, number of packages and cargo descriptions into a single HBL line when there are multiple types of cargo and marks. Full and accurate descriptions are vital.

5. Marks: Please note that using "ADDRESSED" and "NO MARKS" as marks on the bill of lading is not acceptable. Make sure your shipper advises you of the actual cargo marks and that these are transposed onto the HBL and manifest.

We ask that you start following these guidelines immediately. Your cooperation will enable us to provide the best possible service to our customers.

Hamburg SUD: ASIA SB/NB BAF Decrease

The current review of bunker fuel prices has resulted in a decrease to the Bunker Adjustment Factor (BAF) applied on our northbound and southbound services to and from Asia to New Zealand/Pacific Islands, effective from 5th December 2008.The BAF decrease, from US$565.00 per TEU to US$425.00 per TEU, will apply to both import and export cargo on our service to and from Asia. Based on current schedules, the first effective vessels are:

For further information please contact our local agents.
Auckland: 0508 333 666
Dunedin: 0800 666 566

HAMBURG SUD: USA Weight Limits

Please note that with effect from January 1st 2009 new USA Maximum Cargo Weight Limits will be introduced.

Hamburg Sud is a member of the Ocean Carriers Equipment Management Association (OCEMA), an industry association that represents ocean carriers in North America.

In order to establish an industry standard, the below cargo weight limit table has been unanimously agreed by member lines for implementation on 1st January 2009.

Weight limits are per container size/type for inland transport by rail or road and are calculated based on the U.S. Bridge Law formula.

State permits are available in some instances, allowing more cargo weight for 40' dry and 40' reefer containers to limited destinations. Please approach your account representative for details as required.

Hamburg Sud: China Customs 24HR Rule

We wish to advise you that the China Customs Authority has confirmed the implementationof a ‘24 hour rule' for documentation of import cargo into China ports effective from 1stJanuary 2009

This includes the requirement of shippers to provide (through carriers) bill of lading details,to be transmitted to China Customs no later than 24 hours prior to vessel arrival at port oforigin. This will require an earlier submission by shippers of their export documentation toHSDG, so that manifests can be transmitted to customs in advance of the 24 hour mark

All cargo loading ex foreign ports to be discharged directly in China.
All cargo loading ex foreign ports to be transshipped in a China port.
All empty containers to be discharged in China ports

In terms of Hamburg Suds New Zealand to Asia service (ANZL), this will mean all cargothat is to be discharged directly in Shanghai, or transshipped in Shanghai (includes Taiwanand Russia destined cargo), will require the earlier documentation submission.Shipments discharging in Japan ports and Hong Kong will not be effected by thischange.

The following information is mandatory for documentation.
1. Name of Company, complete address, contact details of consignee/notifyparties located in China.
2. Gross weight of each item/container.
3. Number of packages, types of packages for each item/container.
4. Description of goods with detail information. Shippers must avoid usinggeneral descriptions such as ‘FAK' , ‘General goods' , ‘Chemical' , ‘Non Haz'.
5. Container number and seal number

FIJI Baf increase ex AKL

A review of the Northbound Bunker Adjustment Factor (BAF) to Fiji has resulted in an increase in the required level of BAF.

Consequently, the BAF will be adjusted upwards to the figure below with effect from the 24th of November 2008

BAF levels are kept under constant monthly review. We will advise you, as and when further adjustments, either upward or downward become warranted.

Bunker Adjustment Factor

COSCO (New Zealand) Ltd would like to advise our valued customers of the forthcoming adjustment in our Bunker Adjustment Factor.

Should you require any further information please do not hesitate to contact your local Customer Service or Sales & Marketing team on 0800 22 88 88.

PORTS OF AUCKLAND STRIKE COMMENCING 2ND DECEMBER

BAF's MAERSK update

VANUATU TRADE NOTICE - CUSTOMS REQUIREMENTS FOR BILLS OF LADING

We have been advised by Vanuatu Customs that their recent audit has revealed an overwhelming number of cases of misdeclaration of shipment terms and values.

Please note that effective December 15th all bills of lading for shipments destined for Vanuatu shall need to be rated. This means that the freight rates must be shown on the bill of lading and that this field can no longer show "as agreed"

For our Vanuatu customers we suggest you approach your customs broker(s) for further information. For all of our overseas suppliers, agents and our local shippers, if you require any further information please do not hesitate to contact us directly.

NEW EMAIL ADDRESS : PGL FIJI

Pacific Gate Logistics
32 Spring Street
Suva
Tel: +679 330-3587
Fax: +679 330-3038
Email: pglfj@unwired.com.fj

Vanuatu Customs

Customs audit has revealed cases where importers were declaring invoice values as CIF when actually it should have been FOB values with freight, insurance and other costs to be declared separately. Customs will be tightening up on this area and we are seeking your assistance as Carriers to declare the values for Customs, Transport and Insurance when registering bill of ladings in ASYCUDA. With this approach Customs can always refer back to the BOL when we suspect that an Importer is not declaring the correct value for imports.

To achieve the above we will be making the Values declared for Customs, Transport and Insurance mandatory on the bill of lading. However, we have noticed that some of the BOL received by your do not have this information declared on them. Is it possible that you can liaise with your counterparts abroad and get them to disclose this information on the BOLs? Vanuatu Customs believe that these are mandatory information which should be disclosed on any BOLs for Customs purposes.

Please note that Customs wishes to implement this on 15th December, so it is important that we get your views before the mentioned date before we can proceed.

Customer Notice - Sofrana Tourville

Our last announcement was about the delay the Sofrana Magellan encountered with her dry dock.

As promised, our customer service teams have been in contact with you and tailored solutions have been implemented so that your pre-Christmas bookings can reach all South Pacific destinations in time. We thank you for your patience and loyalty.

In the meantime, we have also worked at perpetuating the schedule integrity we have all grown accustomed to. After having carefully weighed up a variety of options, we have decided to inject new blood into our fleet. Very shortly, the Sofrana Tourville will be introduced as a replacement to Sofrana Magellan.

We will take delivery of the Sofrana Tourville in Port Moresby on 4th December 2008 and she will perform the rotation 124 Southbound.

Built in Japan in 1995, Sofrana Tourville is a robust and reliable container vessel. Her deadweight is 10,740T and she has a nominal capacity of 844 teus with 100 reefer plugs. Capable of a 17.5kn speed, she is faster than the Magellan but will be operated at the current economical speed. Sofrana Tourville is equipped with 2 cranes of 40T capacity.

In these times of economic uncertainty, we are confident that Sofrana Surville and Sofrana Tourville will prove to be reliable assets on our WestPac service, thus enabling you to trade with confidence within the South Pacific markets.

BUNKER ADJUSTMENT FACTOR ON CARGO FROM NEW ZEALAND TO USA, CANADA, MEXICO, CARIBBEAN AND SOUTH AMERICA

The latest monthly review of the northbound Bunker Adjustment Factor (BAF) has calculated a decrease in the required level of BAF as below.

DRY and REEFER cargoes from US$995 to US$796 per TEU
TIMBER cargoes from US$975 to US$780 per FEU

The revised BAFs will be effective 17th December 2008 from the following sailings:

- US East Coast / South America / Caribbean via Manzanillo, PA: Cap Bianco V845
ETD Timaru 23rd December / Port Chalmers 24th December / Napier 26th December /
Tauranga 27th December / Auckland 28th December 2008

- South America / Caribbean via Hong Kong: Tasman Crusader V849
ETD Tauranga 24th December / Lyttelton 26th December / New Plymouth 28th December 2008

The bunker price situation is being kept under monthly review, and we will advise you as and when any further adjustments, either upward or downward, to the level of the BAF become warranted.

Should you have any queries, please do not hesitate to contact your local Hamburg Süd Customer
Services Department or sales representative on the following toll-free numbers:
Auckland: 0508 222 444
Dunedin: 0800 666 566

Strike in Noumea

There is currently a strike in Noumea & Papeete. All local PPT & NOU customs are currently closed.

Auckland Port Strike --One day-- December

The Maritime Union has again given notice of Strike Action, for 24 hours.

This notice was first given earlier this week, and withdrawn as it was procedurally incorrect.

Over the years these two parties have learned that the notice must be absolutely correct, as this workforce is required to give 14 days notice of industrial action, and strict conditions apply.

The notice is yet to be re-served, but could take effect for action starting on December 2nd, or later.

The situation within the Union is not as clear as it has been, and there appears to be differing views as to what action should be taken and when.

I have no doubt that the change of government has allowed some factions to increase their sway, and that this militant action is the result.

The Port has publically maintained that it has made offers, and that the Union has not dealt with them in a reasonable manner (They say in fact that they have had no response), while the Union has been deafening in its public silence.

There are a number of Union members who are not happy with the action privately, but will not comment publically.

This dispute has been simmering now for 2 years, with lots of talks and little progress. You may recall that the Port thought that they had a settlement a month or two ago, but it came to nothing.

Last year the Port voluntarily paid an increase to the Union Members as a gesture of good faith. This was a move that surprised the Union at the time, and they made unfavourable comments at that time.

As time has elapsed, however, it appears to have been appreciated to a fair degree by the Port staff.

The core of the dispute is flexibility, and currently the Port runs two containers terminals, with separate agreements at each. The Port Company wants to treat these two terminals as one industrially,

The Port has come a long way since privatisation in 1989, and is a much better place for us to work in now.

What I have seen of the changes proposed seem logical to me, and there is a fair degree of support for the Port Company in business community.

Personally I believe that the Union has misjudged this dispute, and will not receive any sympathy for their actions.

In fact I do not believe that their strike action will have any effect on the Port Company, and will effect companies like yours only in as much as it will harden your resolve for a settlement that allows the Port Company to proceed.

The Union employees who strike for 24 hours will, of course, lose their pay.

When notice is given, the Strike action will be effective in the two terminals, Fergusson and Bledisloe. The "General" wharves will not be affected.

This effectively means about 90% of the container operation, and none of the vehicle handling facilities

Clean Trucks Program Ports of Long Beach and Los Angeles

(Morristown, NJ - November 12, 2008).Effective November 17, 2008 the Ports of Long Beach and Los Angeles will implement the second phase of the Clean Trucks Program, an environmental initiative aimed at reducing air pollution from trucks operating in the port zone.

Main points to be aware of:
- Beginning October 1, a ban on trucks from model year 1988, and older, went into effect.

- A Clean Truck Fee of $35.00 per loaded TEU will be collected by the Port from the Beneficial Cargo Owner (BCO), prior to receipt or delivery of each container through the terminal gates. The fee will apply to all trucks from model year 1989 through 2007, as well as non-compliant 2007 USEPA standard trucks. The fee does not apply to newer model trucks which are USEPA compliant.

- The Port has stated that fee collection will begin November 17, 2008 through the web-based system, PortCheck, which is now operational. Cargo owners must register with PortCheck in order to establish payment methods.

- PortCheck will assess the fee only when applicable, however all containers moving through the port, including intermodal cargo, must be "claimed" by the BCO through PortCheck prior to entering or exiting the terminal.

To learn more about the Clean Trucks Program and the Clean Truck Fee, please
visit the following websites:
http://www.cleanairactionplan.org
http://www.polb.com
http://www.PortCheck.org

What is the Clean Trucks Program?
The Clean Trucks Program is an environmental initiative aimed at reducing air pollution from trucks operating in the port zone by replacing older trucks with new ones which burn clean diesel or clean liquefied natural gas
(LNG).

What are the key changes affecting customers?
The program began on October 1, 2008 when the following policies went into
effect:
- A ban on trucks from model year 1988, and older.
- A requirement that all trucking companies doing business with the port must have a Port approved concession.
- Truck drivers are required to have a Transportation Worker Identification Credential (TWIC).

Effective November 17, 2008 the second phase will go into effect:
- All Beneficial Cargo Owners must register with PortCheck
(www.PortCheck.org) in order to "claim" their port to port and intermodal cargo and pay the Clean Trucks Fee.

What is the Clean Trucks Fee?
The Ports of Los Angeles and Long Beach will charge a fee of $35 per TEU for trucks entering the port terminals. The fees will help to fund the purchase of new, clean trucks through the ports' grant program.

Are there exemptions to the application of the fee?
Yes, diesel or alternative fuel trucks with engine year 2007 or newer are generally not subject to the charge, however if the truck was purchased with Clean Truck Program funds, the charge may apply. There are also exemptions for on dock rail and transshipment cargo within the port.

Which types of shipments are assessed the fee?
All import and export cargo moving through the ports of Los Angeles and Long Beach are subject to the fee. This includes port to port and intermodal cargo.

Who pays the Clean Trucks Fee? How?
The fee is the responsibility of the Beneficial Cargo Owner (BCO) or named party on the Bill of Lading. Payment is made through PortCheck, which functions like PierPass. Once you have registered with PortCheck, you can
apply for credit, arrange to pre-pay or pay with a credit card and receive invoices at regular intervals.

Do BCO's pay the fee for intermodal cargo?
Yes. The fee is assessed to the BCO regardless of whether the cargo moves port to port or intermodal. Carriers do not pay the Clean Trucks Fee for intermodal cargo.

Who has to register with PortCheck? How?
All BCO's with cargo moving through the ports of Los Angeles and Long Beach must register with PortCheck prior to November 17. Log-on to www.PortCheck.org to complete the on-line registration form.

Once I've registered, how does the process work?
- Prior to delivery of cargo to/from the port terminal, log-on to www.PortCheck.org to claim ownership of you local and/or intermodal shipments. All cargo must be claimed, regardless of whether exempt from the fee or not.
- PortCheck will ascertain the age of the truck, and whether it is operating under a valid concession.
- After the gate transaction, PortCheck will assess the Clean Trucks Fee through your account, if applicable.

What happens if a container moves to the port terminal without being claimed by the BCO?
PortCheck will identify that the container has not been claimed in the system and the terminal will not permit the entry (or exit). If the container is moving under an intermodal Bill of Lading, the carrier will have to move the container to a container yard until the container is
claimed. Costs associated with this additional handling will be for the account of the BCO.

Southern Express v112a Notice 131108

Due to the expected high demand of cargo in Rarotonga, we have made
alternative arrangements with the vessel operator. To ensure your cargo gets to
market, overflow Cook Island product will be placed on the Forum Fiji II v64 and
transhipped over Apia.

After the Southern Express v112 has discharged in Rarotonga, she will then
proceed to Apia. There she will uplift any overflow cargo, for transhipment onto
Southern Express v112A. From Apia, Southern Express will then return directly to
Rarotonga. Schedule details for both ships will be as follows:

Southern Express v112, ETD from Auckland 29 November; ETA at Rarotonga 8 December.

Forum Fiji II v64 ETD from Auckland 10 December; ETA at Apia 17 December, to
connect with Southern Express v112A, ETD Apia 17th December ETA at Rarotonga
21 December.

Should you have any enquiries regarding the above, please contact your local PFL
agency office.

IMPORTANT NOTICE TO OUR VALUED CUSTOMERS SOUTHERN EXPRESS V112N

We are expecting cargo volumes to be strong for forthcoming voyage 112 from New Zealand to the
Cook Islands.

In the event that the quantity of cargo booked exceeds the space available on the ship - as can
sometimes happen in the lead up to Christmas - we will implement the following alterations to the
ship's usual schedule:

After the ship has discharged a full stow of voyage 112 cargo in Rarotonga and Aitutaki, she will then
proceed to Apia. There she will uplift any overflow cargo, which in this instance we will have taken to
Apia on another of our ships, Southern Lily, for transshipment onto Southern Express. From Apia,
Southern Express will then return directly to Rarotonga, to discharge the balance of the voyage 112
cargo. Schedule details for both ships will be as follows:

Southern Express: voyage 112, estimated time of departure from Auckland 29 November;
estimated time of arrival at Rarotonga 8 December, and at Aitutaki 10 December;

Southern Lily: voyage 215, estimated time of departure from Auckland 10 December;
estimated time of arrival at Apia 17 December, to connect with Southern Express: voyage
112A, estimated time of arrival at Rarotonga 21 December.

Should you have any enquiries regarding the above, please contact Reef Shipping in Auckland, or
XCIL Agencies in Rarotonga and Aitutaki.

NOTICE TO OUR VALUED CUSTOMERS NEW ZEALAND to NOUMEA / PORT VILA / SANTO CABAF ADJUSTMENT

Reef Shipping wish to advise that the price of oil has been fluctuating in recent months, which has made it
difficult to ascertain the applicable BAF component, However of late the oil price has consistently decreased sufficiently to trigger a decrease in the BAF of -10.02%. The new BAF will therefore become: +43.7%

At the same time the dramatic decline of the NZD against the USD has had a significant impact on the CAF. As a result the new CAF will become: +14%

If you require further information please contact your local Reef Shipping agent.

NOTICE TO OUR VALUED CUSTOMERS FIJI to FUNAFUTI CABAF ADJUSTMENT

Reef Shipping wish to advise that the price of oil has been fluctuating in recent months, which has made it difficult to ascertain the applicable BAF component, However of late the oil price has consistently decreased sufficiently to trigger a decrease in the BAF of -23.82%. The new BAF will therefore become: +36.2% . The CAF remains unchanged at +15%

If you require further information please contact your local Reef Shipping agent.

NOTICE OF REDUCTION TO BUNKER ADJUSTMENT FACTOR (BAF) NORTH ASIA WEEKLY SERVICE

Due to the downward trend in the price of bunker fuel this past month, the Tasman Orient Line BAF formula has triggered a reduction of USD130.00 per TEU and USD260.00 per FEU against the present level.

The revised BAF surcharge will apply as follows:
USD565.00 per TEU
USD1130.00 per FEU

All consignments showing a Bill of Lading date of 1 December 2008 or later on the Tasman Orient Line North Asia Weekly Service between Asia and New Zealand (NB and SB) will be effected by the BAF reduction.

REVISED BUNKER ADJUSTMENT FACTOR – PACIFIC ISLANDS / PNG SERVICE

Please be advised that with effect 1 November 2008, the Bunker Adjustment Factor (BAF) for Swire Shipping's Pacific Islands and PNG Service's will decrease as follows;

Northbound and Southbound
Current rates:
AUD 1,167.25 / TEU, AUD 2,334.50 / FEU and AUD 55.58 / RT, or USD 1,112.50 / TEU, USD 2,225.00 / FEU and USD 52.98 / RT

to New Rates:
USD 1,032.61 / TEU, USD 2,065.22 / FEU and USD 51.63 / RT
AUD rates please refer below

Effective:
MV Papuan Chief v173N / MV Kokopo Chief v141S /
MV Pacific Horizon v003N

As we pay for our bunker fuel in USD and due to the extreme volatility of the AUD/USD relationship over the past two months, AUD BAF rates in the calculation model have been removed. Customers will still have the ability to pay BAF charges in AUD however; the conversion between AUD/USD will be calculated at the vessel exchange rate.

Historically, the North Asia Pacific/PNG services' BAF mechanism has been calculated quarterly based on the average price of bunkers stemmed over the preceding 3 months. Recent volatility in world bunker prices would normally be reflected over proceeding quarters. In order to capture the effect of recent downward pressure more quickly, we have adjusted our BAF calculation model and will review the BAF on a monthly basis going forward.

For further information please do not hesitate to contact your local Swire Shipping representative or our Customer Service Department in Australia on 1300 550 505 or in New Zealand on 0800 947 947.

Clean Trucks Program Ports of Long Beach and Los Angeles

(Morristown, NJ - September 25, 2008).Effective October 1, 2008 the Ports
of Long Beach and Los Angeles will begin the implementation of the Clean
Trucks Program, an environmental initiative aimed at reducing air pollution
from trucks operating in the port zone.

- Beginning October 1, a ban on trucks from model year 1988, and
older, will go into effect.

- A Clean Truck Fee of $35.00 per loaded TEU will be collected by the
Port from the Beneficial Cargo Owner, prior to receipt or delivery of each
container through the terminal gates. The fee will apply to all trucks from
model year 1989 through 2007, as well as non-compliant 2007 USEPA standard
trucks. The fee does not apply to newer model trucks which are USEPA
compliant.

- The Port has stated that fee collection will begin a few weeks after
October 1 when a new web-based system, PortCheck, is operational. Cargo
owners must register with PortCheck in order to establish payment methods.

- All trucking companies doing business with the port must have a Port
approved concession and truck drivers are required to have a Transportation
Worker Identification Credential (TWIC), or evidence that they have applied
for a TWIC, by October 1.

CABAF Notice 11/11/08

The notice we sent out on Friday 04th November had an incorrect figure for the BAF to Noumea . Please find below the correct figures for CAF and BAF and the effective dates. We apologise for any inconvenience.

We last increased the Bunker Adjustment Factor in July this year .It has only been recently that the price has stabilised sufficiently so that we could once again review the BAF. We have just completed this and can announce reductions on some trades.

Decrease to Bunker Adjustment Factor (BAF) New Zealand to New Caledonia, Pacific Islands & PNG

Swire Shipping - Westabout Round the World (Bank Line) would like to advise all valued customers of a decrease to the BAF level for all cargo from New Zealand to New Caledonia, Pacific Islands and Papua New Guinea.

This BAF will come into effect from:
Tasman Pathfinder v 823 - ETA Auckland 28th Nov 2008

Swire Shipping - BAF Reduction for Tarawa and Majuro

Please be advised that with effect 1 November 2008, the Bunker Adjustment Factor (BAF) for Swire Shipping's Pacific Islands and PNG Service's will decrease as follows;

Northbound and Southbound
Current rates:
AUD 1,167.25 / TEU, AUD 2,334.50 / FEU and AUD 55.58 /RT,
or USD 1,112.50 / TEU, USD 2,225.00 / FEU and USD 52.98 / RT to
New Rates:
USD 1,032.61 / TEU, USD 2,065.22 / FEU and USD 51.63 / RT
AUD rates please refer below
Effective:
MV Papuan Chief v173N / MV Kokopo Chief v141S / MV Pacific Horizon v003N

For further information please do not hesitate to contact your local Swire Shipping representative or our Customer Service Department in Australia on 1300 550 505 or in New Zealand on 0800 947 947.

Tasman Orient Line BAF announcement (NAWS) - December Decrease 2008

The revised BAF surcharge will apply as follows:
USD565.00 per TEU
USD1130.00 per FEU

We thank you for your understanding on the impact of bunker fuel prices and we appreciate your continued support.
Please do not hesitate to contact our local representatives should you require any further information.

NOTICE TO OUR VALUED CUSTOMERS CABAF REVIEW - NEW ZEALAND to and from TONGAS & SAMOAS

Reef Shipping wish to advise customers that the price of oil has been fluctuating in recent months, which
has made if difficult to ascertain the applicable BAF component. However of late the oil price has consistently decreased sufficiently to trigger a decrease in the BAF of -16.30%

Effective: Southern Lily V215 (ETA Auckland: 07/12/08) - Revised BAF: +37.60%

At the same time the dramatic decline of the NZD against the USD has had a significant impact on the CAF.

Effective: Southern Lily V215 (ETA Auckland: 07/12/08) - Revised CAF: +18.60%

If you require any further information, please contact your local Reef agent, or a member of our Customer Services team. We thank you for your continuing support.

NOTICE TO OUR VALUED CUSTOMERS NEW ZEALAND to FIJI CABAF ADJUSTMENT

Reef Shipping wish to advise that the price of oil has been fluctuating in recent months, which has made it difficult to ascertain the applicable BAF component, However of late the oil price has consistently decreased sufficiently to trigger a decrease in the BAF of -8.35%.

At the same time the dramatic decline of the NZD against the USD has had a significant impact on the CAF.

These adjustments will take effect as follows:
Southern Pasifika V161
Capitaine Wallis V229
Southern Tiare V72

If you require further information please contact your local Reef Shipping agent.

DECREASE IN BUNKER ADJUSTMENT FACTOR (BAF) TO/FROM ASIA TO NEW ZEALAND AND PACIFIC ISLANDS

The BAF decrease, from US$695.00 per TEU to US$565.00 per TEU, will apply to both import and export cargo on our service to and from Asia.

For further information please contact our local agents.
Auckland: 0508 333 666 and Dunedin: 0800 666 566

SOUTHBOUND TRADE ANNOUNCEMENT - Australia/New Zealand Services

Effective December 15, 2008, the Emergency Fuel Adjustment Factor (EFAF) for all cargo moving out of the US and Canada to Australia and New Zealand will decrease to US $896/20' and US $1792/40'.

Tariff cargo as well as existing service contracts will be subject to this charge.

EFAF will continue to be monitored on a quarterly basis and adjustments will be made following the review period, with the appropriate notice given to the trade.

Please contact your Hamburg Süd representative with any questions that you may have. Or call your Customer Service Department toll free at Auckland: 0508 222 444 Dunedin: 0800 666 566

Bunker Adjustment Factor

COSCO (New Zealand) Ltd would like to advise our valued customers of the forthcoming adjustment in our Bunker Adjustment Factor.

It has come to our attention that the 20' rate on the notice sent 3rd Nov 2008 was incorrect this has now been updated below.

Should you require any further information please do not hesitate to contact your local Customer Service or Sales & Marketing team on 0800 22 88 88.

Customer Notice - Dry Dock Magellan

Vessels maintenance and special survey are part of any shipping line's life. As such, the current dry dock of Sofrana Magellan has been planned since May 2008; the owners of the ship made necessary arrangements with a yard located in Dalian (North East China). The ship satisfactorily arrived there on 30th September, only 4 days later than was anticipated in May 2008.

Despite this dry dock, we at Sofrana worked around still being able to deliver a liner service to all our clients, either through purchasing space on other shipping operators or through spot charters (Matua from New Zealand, Scarlett Lucy from Australia). These interim arrangements are very expensive and difficult to implement but we take a lot of pride to come up with alternative solutions when needed be.

Unfortunately we got further bad news last week. While trying to get final update on the dry dock progress, we were told that "unforeseen defects" had been revealed and that the dry dock would take longer than anticipated. Based on the information available to us now, it looks like the Sofrana Magellan will finally arrive in New Zealand early December when she was supposed to be there mid November to start her voyage 124.

Although the dry dock was expected, this further delay is a new unexpected event that we now have to face. Our management team is dedicating a lot of time and effort right now to come up with a series of alternative arrangements, from both New Zealand and Australia, so that our clients can still be issued a Sofrana b/l around the "voyage 124" advertised dates.

Our New Zealand and Australia customer service teams will be in contact with you throughout the whole week to inform you of these tailored solutions.

We apologise for such an inconvenience at this busy period of the year. It is very frustrating, especially with the remarkable schedule integrity we had enjoyed for the last 12 months on both Sofrana Magellan and Sofrana Surville.

Hamburg Sud:USA,Canada & Mexico Inland Fuel Surcharge Decrease

Fuel Surcharges from our North American Rail and Trucking vendors have adjusted, requiring us to revise the Inland Tariff Fuel Surcharge. Hamburg Sud would like to advise effective 1st December 2008, the Northbound Inland Fuel
Surcharge will decrease from 34.0% to 26.0%.

From New Zealand the revised fuel surcharge will apply to North American, Canadian and Mexican tariff inland costs for cargo received on following vessels:

- US East Coast / Canada via Manzanillo, PA: Ariake v.843
ETD Timaru 9th December / Port Chalmers 10th December / Napier 12th December / Tauranga 13th December Auckland 14th December 2008

- US West Coast / Canada PNW: Hansa Flensburg v.762
ETD Auckland 14th December 2008

- US West Coast / Mexico PSW: Callao Express v.996
ETD Tauranga 4th December 2008

- Mexico via Hong Kong: Cap Palliser v.846
ETD Tauranga 3rd December / Lyttelton 5th December / New Plymouth 7th December 2008

The Inland Fuel price situation is being kept under review, and we will advise you as and when any further adjustments, either upward or downward, to the level become warranted.

Should you have any queries, please do not hesitate to contact your local Hamburg Süd Customer Services Departments on the following toll-free number:
Auckland: 0508 222 444
Dunedin: 0800 666 566

Bunker Adjustment Factor

COSCO (New Zealand) Ltd would like to advise our valued customers of the forthcoming adjustment in our Bunker Adjustment Factor.

Should you require any further information please do not hesitate to contact your local Customer Service or Sales & Marketing team on 0800 22 88 88.

BAF MAERSK - NOVEMBRE 2008

SWIRE EUROPEAN EXPORT BAF SURCHARGE WRTW and EPE TRADES - November 2008

The average posted price of 180CST fuel in Antwerp during the last 15 days of September has been calculated as USD564.8mt. By applying this Average Fuel Price to the attached spreadsheet, the applicable BAF surcharges for the month of November are given as follows:

For further information, please visit the Swire Shipping website (www.swireshipping.com), or contact your local Swire Shipping agent.

Hamburg Sud Fiji BAF decrease

Hamburg Süd wishes to advise customers that a review of current bunker levels applicable in the New Zealand to Fiji trade has resulted in a decrease in the BAF from + 30.02% to + 21.67%.

We also wish to advise that in view of the rapid devaluation of the New Zealand Dollar, it has been necessary for a Currency Adjustment Factor of +22.57% to be introduced on our Fiji Service

Based on current schedules the first effective vessel is:
CAP SARAY V 993, ETD Tauranga 13 November

Should you have any queries please do not hesitate to contact your local Hamburg Süd Customer Services Departments on the following toll-free numbers:

PGL AUCKLAND IS MOVING - NEW CENTRALISED OFFICE/DEPOT

Dear Valued Customer,
We are proud to announce that effective 28 October 2008, PGL will be operating from our new office as follows:

Office Address
19 Richard Pearse Drive
Mangere,
Auckland
Postal Address
PO Box 107019
Airport Oaks,
Auckland

We thank you for your continued support. We look forward to being of service from our new home as stated above.

NEW PGL CENTRALISED OFFICE/DEPOT

Dear Valued Customer,
Please find our new warehouse receival details below effective for all export receivals & import releases from 28 October 2008.

Warehouse
CFS Warehousing & Distribution Ltd
26 Ascot Road,
Airport Oaks,
Auckland
Ph: 09 916 9930
Fx: 09 916 9931
CTC: Ivan Tuli

Please ensure that your carrier has a Pacific Gate Logistics booking confirmation attached to their carrier's paperwork/connote for export receival purposes.

BAF Maersk Line

Australia to Fiji – Cabaf Increase Effective 01 November 2008

As you all are aware, the CABAFs are going up from 24.93% to 42.80% as of the following vessels:

Australia to Noumea service

MSC Mediterranean Shipping Company S.A. ("MSC") wishes to bring you up
to date in relation to the shipment you recently booked with our
principal, MSC Mediterranean Shipping Company S.A. on the MSC Caledonien
105A Eastbound for New Caledonia.

Please be advised that due to the recent delays experienced on our
Noumea service, the MSc Prony 105A will now call Brisbane before calling
Sydney. The amended arival and daparture dates are as follows:

v105A ETA Brisbane 24/10 ETD Bris 25/10 ETA Noumea 31/10
Brisbane receivals: 20/10 to 24/10, cut off 1500/24

v105A ETA Sydney 27/10 ETD Sydney 27/10 ETA Noumea 31/10
Sydney receivals: 13/10 to 24/10, cut off 1200/24

Hamburg Sud Vessel Change-Cap Preston & Cap Andreas

We wish to advise that we will have a vessel swap within our Asian and West Coast North
America services. The CAP ANDREAS, currently in our Asia service, is exchanging position
with CAP PRESTON, which is currently in our West Coast North America service.

This swap in vessels will bring the CAP PRESTON into our Asia service to join its five, high
reefer capacity, sister vessels.

Asia Service
CAP ANDREAS V842S
Hong Kong 18 Oct
Brisbane 28 Oct
Tauranga 1-3 Nov

CAP PRESTON V842S/N
Tauranga 3-5 Nov
Lyttelton 6-7 Nov
New Plymouth 8-9 Nov
Yokohama 21 Nov

West Coast North America and Trans Tasman Service
CAP PRESTON 760S
Long Beach 16 Oct
Tauranga 31 Oct

CAP ANDREAS 760S/N
Tauranga 1-3 Nov
Sydney 7 Nov
Melbourne 10 Nov
Adelaide 13 Nov
Auckland 18 Nov
Papeete 24 Nov
Oakland 5 Dec
Seattle 7 Dec
Vancouver 9 Dec

Our customer services team will be in contact with you to arrange the transfer of any
bookings affected by the above vessel swap. If you have any questions please contact us on
Auckland: 0508 222 444
Dunedin: 0800 666 566

Notice to Maersk Line Customers

Maersk Line wishes to inform our customers that in order to maintain sustainable services to Australia we will be implementing a General Rate Increase on the Westbound Trans-Tasman trade. The below increase will take effect 15th November, 2008* and applies to cargo travelling ex New Zealand ports to Australian destinations.

This increase will take effect on all Maersk Line Trans-Tasman services effective from the following vessels:

OC1 - Oceania Pendulum Service:
CAP Capricorn v. 841S - ETD Auckland 15/11/2008
PSW - Pacific South West Service:
CAP Spencer v. 995S - ETD Auckland 15/11/2008
SSE - Southern Star Express Service:
Vega Gotland v. 0840 - ETD Auckland 21/11/2008

We thank you for your business and look forward to serving your transportation needs. For further information please contact your local Maersk Line representative.

* Effective date defined as the gate-in date of the last container on a Bill of Lading.

BAF decrease for NGPL ex Asia to South Pacific Ports

Due to downward trend in the bunker fuel price for the past month, NGPL(JSP) trade would like to decrease the BAF to:

This applies to all export cargo from South East Asia, South, North and East Asia cargo to South Pacific ports. The effective date is November 2008 and the first applicable vessel will be Kyowa Cattleya V.80S.

PGL Sydney is Moving - Effective 20 October 2008

PGL Sydney Office/Depot will be relocating to new premises as per attached. All contact details should remain the same and will confirm this when our lines/internet are moved over. If you could kindly assist us by advising your staff/everyone concerned and updating your records accordingly when the time comes.

MAERSK BAF UPDATES

EFAF & Clean Truck Service Announcement from Hamburg Sud USA

Effective November 1, 2008, the Emergency Fuel Adjustment Factor (EFAF) for all cargo moving From/To the US and Canada and the South Pacific Islands will increase to US $1178/20' and US $2356/40'. Tariff cargo as well as existing service contracts will be subject to this charge.

EFAF will continue to be monitored on a quarterly basis and adjustments will be made following the review period, with the appropriate notice given to the trade.

Please contact your Hamburg Süd representative with
any questions that you may have.
Or call your Customer Service Department toll free at

CANADA
1-888-372-8528 - Montship Inc. as agents
1-604-640 -7452 Montship Inc. as agents

Linking South America with Europe, the Mediterranean, Asia and Africa, connecting Europe with the eastern Mediterranean, India and Pakistan and linking Australia/New Zealand and the Pacific Islands with Asia and North America.

USA Trade Notification

Please note that effective October 15th 2008 the U.S Bureau of Customs and Border Protection (CBP) will require all containers entering into United States ports to be secured with a high-security bolt seal that is ISO/PAS 17712 compliant.

It is the responsibility of all importers/exporters to ensure containers are moved in accordance with these new regulations.

If anyone requires any further information regarding the new regulations and/or where to obtain such seals please feel free to contact me directly.

Australia to Noumea MSC vessel

Please note that the MSC Caledonien will be replaced by MSC Prony & its first voyage sailing will be on/around SSYD 09/Oct and BNE 11/Oct.

HAMBURG SUD SHIPPER EXPORT DECLARATION NEW REGULATIONS

Hamburg Sud wishes to advise that for exports from USA the US regulatory authorities require all Shippers' Export Declarations (SEDs) to be filed electronically effective 1 October, 2008.Shipping lines will not be permitted to load and will not load any shipments on board vessels unless we have received shipping instructions indicating the Internal Transaction Number (ITN) that is generated by electronically filing a SED, or an authorized SED exemption legend if no SED, is required to be filed. Penalties apply if carriers do not comply with this rule. Cut-off for receipt of complete Shipping Instructions will be 24 hours prior to vessel loadings in all ports.

All costs in the form of terminal charges, equipment demurrage and penalties asa result of the information not being provided by shippers at time of cut-off will be billed back to the US exporter. The primary responsibility for compliance rests with US exporters. We will not be responsible for verifying the accuracy of this information.

For your information, our colleagues in North America have sent out a more detailed announcement to their export customers.

Should you have any queries, please do not hesitate to contact your local Hamburg Süd Customer Services Departments on the following toll-free numbers:
Auckland: 0508 333 666
Dunedin: 0800 666 566

PROJECT & OVER-DIMENSIONAL CARGO?

Should you have any Project Cargo or Over dimensional cargo, our PGL Australia & NZ team can assist you!.

Bellow a Please find attached a recent machine PGL have just moved for your reference.

EAST ORIENT SERVICE QINGDAO CALL CANCELLED

PLEASE BE ADVISED THAT DUE TO RECENT SEVERE WEATHER CONDITIONS AND SUBSEQUENT PORT CONGESTION AT A NUMBER OF PORTS, THE EAST ORIENT SERVICE VESSELS HAVE BEEN RUNNING BEHIND SCHEDULE AND HAVE BEEN FORCED TO OMIT PORTS IN ORDER TO TRY AND RETURN TO SCHEDULE.

TO AVOID THE NEED FOR ONGOING PORT OMISSIONS AND TO MAINTAIN FUTURE SCHEDULES, THE QINGDAO PORT CALL WILL BE CANCELLED UNTIL FURTHER NOTICE.
THIS IS EFFECTIVE IMMEDIATELY.

QINGDAO WILL NOW BE SERVICED VIA PUSAN, STILL ON THE EAST-ORIENT SERVICE.
REGULAR FEEDER CONNECTIONS WILL OPERATE BETWEEN PUSAN & QINGDAO.

CUSTOMER SERVICE TEAM WILL CONTACT CUSTOMERS WITH AFFECTED BOOKINGS TO FURTHER DISCUSS THIS CHANGE.

Australia Trade: Delayed Departure for E.R Wulhemshaven V985

Please note we have been advised by the shipping line that the date for departure for E.R Wilhelmshaven V985 has been delayed:

TRADE NOTIFICATION : PAPEETE , FRENCH POLYNESIA

Please note that Tahitian Customs no longer accept one pallet (for example) as a valid piece count. If cargo is palletized and/or crated we will need to receive verification of the inner packaging.

This inner piece count needs to be displayed on both the bill of lading and the commercial invoice/packing list.

Most New Zealand suppliers state the product weight and cubic metre volume excluding final packaging on their commercial invoices and packing lists. Tahitian customs require both net and gross weights and volumes on the bill of lading and commercial invoice / packing list. If this information does not match Tahitian Customs shall place hold on finalizing clearance at destination.

Needless to say that failure to provide this information will create delays. However failure to comply can lead to fines being imposed.

PGL ask that you bear this in mind whilst preparing your documentation for transmittal to your client in Tahiti. Whilst as the forwarder we shall assist in advising you of any amendments that need to be completed to enable the destination services to be completed. Should the information not be received in a timely manner and/or at all Pacific Gate Logistics shall bear no responsibility for the fines and penalties issued by Tahitian Customs and this matter shall need to be sorted between the shipper and consignees directly.

If anyone requires any further clarification of this information please feel free to contact either Patrick Lupan and/or myself directly.

Port of Shenzhen (China)

The annual handling capacity of Shenzhen port is 83.764 million tons, including 6.2 million TEUs (including non-professional container capacity), 5.5 million passenger-times, and the 180,000 car-times.

Import Rate & Surcharge Clarification ex Europe, North & South Asia to NZ

***Correction*** Europe to New Zealand - Peak Season Surcharge

Please note that our previous advisory sent 18, September 2008 regarding the Europe-New Zealand PSS contained an error. The correct amount is EUR 100 per Container. A complete updated version of the original message is below.

------------------------------------------------------------------

We wish to inform you that on the Europe-New Zealand trade lanes a Peak Season Surcharge (PSS) of EUR 100 per Container will become effective 13 September, 2008. This will be applicable for all customers shipping from Europe to New Zealand including the following areas: Scandinavia, Baltic Sea, North and Central Europe, UK & Ireland, Mediterranean, North Africa and Black Sea.

Vessel utilisation levels currently warrant the application of a PSS. When traffic has returned to sustainable levels on affected trades the requirement for such a surcharge will be reviewed.

We appreciate your understanding of the circumstances and the necessity for us to take this measure. Please rest assured that Maersk Line will keep our customers duly updated on any changes during this period. If you have any further questions please contact your local Sales or Customer Service representative.

North Asia to New Zealand – Rate Restoration Initiative

Maersk Line wishes to inform our customers that the previously announced Peak Season Surcharge (PSS) of US $150 per TEU - with effective date 1 September, 2008 - will be deferred until further notice on the North Asia to New Zealand trade lanes.

We will however be undertaking a Rate Restoration Initiative (RRI) in the amount of US $250 per TEU on all cargo moving from North Asia to New Zealand effective 1 October, 2008. This will apply for all customers shipping from the following countries in North Asia to New Zealand: Hong Kong, Taiwan, China, Japan and Korea.

South Asia to New Zealand - Peak Season Surcharge

For all customers shipping from South Asia to New Zealand we wish to confirm that the PSS of US $150 per TEU will still take effect 1 September, 2008.

South Asia countries include: Singapore, Malaysia, Indonesia, Thailand, Vietnam, Cambodia, Brunei, Myanmar, Philippines

We thank you for your business and look forward to continuously serving your transportation needs. For further information please contact your local Maersk Line representative.

Notice to Shippers

Since then we have seen increases in the costs associated with providing this process and therefore wish to advise that the Documentation fee will increase to NZ$40 as from the following voyages

Thank you for your understanding on this matter. If you have any questions on this matter please contact your nearest PDL agent

Hamburg Sud GRI ex Asia

Hamburg Sud wishes to announce the intention to implement a ‘General Rate Restoration' (GRR) on the Southbound trade from North & East Asia to New Zealand with effect from 15th September, 2008.

Cargo loaded ex China / Hong Kong / Taiwan / Korea
Effective vessel: Cap Palmerston V838 (ETD Shanghai 17th
September 2008)

(Note: the above rate restoration levels are additional to current ocean freight rate levels in place)

Maersk Line BAF for September

South Pacific Islands Emergency Fuel Adjustment Factor (EFAF) Increase

Carriers servicing the South Pacific Islands will implement the following EFAF increase effective August 1st, 2008.

Due to the above EFAF increase, we will implement the following EFAF rate increase on our LCL from Long Beach to the following destinations.

These increased surcharges reflect the increase in the ocean carriers underlying costs and historically are passed through to our Customers. We apologize for any inconvenience this may cause you.

MAERSK EXPORT CONTAINER RELEASE NOTICE

We wish to advise that due to peak season Maersk Line have announced that containers shall only be released seven (7) days prior to cut-off.

Whilst we regret the inconvenience this may cause you will need to take the above into account when planning your loading. This is effective immediately.

Information Of Top 8 Ports In China

Port of Ningbo is one of the most important and busiest port in mainland China. It is located on the rich coastal province of Zhejiang. The port is at the crossroad of the north-south shipping route and the important waterway of the Yangtze River. The port comprises several ports which are Beilun (seaport), Zhenhai (estuary port) and old Ningbo harbor (inland river port), Daxie and Chuanshan. It is one of the few ports in China with a cargo throughput volume exceeding 100 million tons.

REEF SHIPPING - DOCUMENTATION INCREASE

We wish to advise you of increase in Documentation Fees for FCL consignments effected via Reef Shippings services .

The fee increases from NZD 24.00 per bill of lading or seawaybill to NZD 40.00 per bill of lading or seawaybill.

Information Of Top 8 Ports In China

The Port of Dalian handles over 100 million tons of cargo each year. It is China's second largest container port and its fastest-growing sea-rail port. The Port of Dalian is also the country's busiest passenger seaport, with over five million passengers passing through the port each year. The Port of Dalian's Container Terminal Co. Ltd. handles foreign trade containers, with capacity for 2.1 million TEUs a year.

South Pacific Islands Service – Hamburg Sud

Due to the need for extensive repairs on the Polynesia, revised departure dates for the next sailing are as follows:

Vessel TBN 385/S
Oakland: September 2
Long Beach: September 4
Papeete: September 12
Apia: September 15
Pago Pago: September 15-17

Note: All cargo to Papeete will load on this sailing

Cap Matatula 33N / 34S will operate under a revised schedule connecting cargo via Honolulu:

Cap Matatula 33N
Papeete: August 4
Apia: August 8
Pago Pago: August 10
Honolulu: August 16

Note: Cargo will connect via Matson to Long Beach.

Cap Matatula 34S
Honolulu: August 22
Apia: August 28-29
Pago Pago: August 30 -31
Long Beach: September 11

Note: Cargo to Pago Pago, Apia, including transshipment to Tonga and Fiji, will move via Matson toHonolulu.

CABAF update

New Zealand to/from Australia - Increase in Bunker Surcharge

Effective from 15 September 2008, Bunker Adjustment Factor Surcharge (BAF) for:
- New Zealand to Australia will increase from NZD 480/960 to NZD 593/1184 per 20’/40’.
- Australia to New Zealand will increase from USD 320/640 to USD 395/715 per 20’/40’.

CABAF update

Polyn 384 vessel delay August 13 2008 - Hamburg Süd

Polynesia 383N is expected to arrive in Long Beach Wednesday, August 13, 2008 10:00 pm. Upon completion of cargo discharge, the vessel will undergo necessary repairs and is expected to return to service thereafter. The tentative schedule for the next voyage is as follows:

Shanghai Port

Polyn 384 vessel delay August 6, 2008 - Hamburg Sud

We regret to advise the Polynesia has sustained rudder damage enroute
To Long Beach, Ca. The vessel is being escorted in to the Port of Long
Beach where repairs will take place.

Asia to New Zealand - Peak Season Surcharge

Further to our previous announcement made on the 14 June, 2008, Maersk Line wishes to inform you that on the Asia – New Zealand trade lanes a Peak Season Surcharge (PSS) of US $150 per TEU will become effective 1 September, 2008. This PSS will be applicable for all customers shipping from the following countries in Asia to New Zealand:
Singapore, Malaysia, Indonesia, Thailand, Vietnam, Cambodia, Brunei, Myanmar, The Philippines, Hong Kong, Taiwan, China, Japan and Korea.

This PSS is a reflection of the significant extra costs related to operating during the peak period. Our vessel utilisation levels will be monitored during the application period of the PSS. When traffic has returned to sustainable levels on affected trades the requirement for such a surcharge will be reviewed.

We appreciate your understanding of the circumstances and the necessity for us to take this measure. Please rest assured that Maersk Line will keep our customers duly updated on any changes during this period. If you have any further questions please contact your local Sales or Customer Service representative.

Increase to Bunker Adjustment Factor (BAF). New Zealand to Pacific Islands & PNG

Swire Shipping – Westabout Round the World (Bank Line) would like to advise all valued customers of an increase to the BAF level for all cargo from New Zealand to Pacific Islands and Papua New Guinea

For further information please do not hesitate to contact your local Swire Shipping representative

SOUTHERN TIARE V068 – VESSEL UPDATE

The inaugural call of the Southern Tiare to Santo and Port Vila southbound from Fiji has had to be delayed by approximately six days, due to the storm damage suffered by our other vessel the Southern Pasifika.

The Southern Tiare is being diverted to Wallis and Futuna islands to deliver urgent cargoes, and will then return to Suva to load for Santo and Vila.

The following will be the Southern Tiare V068 updated schedule:
Suva: 04/08
Funafuti: 08/08
Suva: 12/08
Wallis: 15/08
Futuna: 16/08
Suva: 18/08
Santo: 22/08
Pt Vila: 23/08
Auckland: 30/08

We apologise for any inconvenience this may have caused, and appreciate your patience and understandin

Bunker Adjustment Factor

COSCO (New Zealand) Ltd would like to advise our valued customers of the forthcoming adjustment in our Bunker Adjustment Factor.

Should you require any further information please do not hesitate to contact your local Customer Service or Sales & Marketing team on 0800 22 88 88.

Maersk Line BAF for August 2008

IMO DG Surcharge from NZ to Noumea - Maersk Line

From 03-09-08, our surcharge tax in US $ on dangerous goods for exports from New Zealand to Pacific Islands will be revised as follows :

Southern Pasifika V 156

We are all aware of the storms that passed over New Zealand last week and the damage they caused both on land and to some vessels

The Southern Pasifika departed from Auckland on 28th July and headed north for Noumea and subsequently through the storm. Enroute she suffered some water damage to the electrics that control the Bow Thruster and the Anchor Windlass. Because of the remote nature of some of the ports we visit and lack of tugs we cannot get alongside without a Bow thruster so urgent repairs are required. The vessel has discharged cargo in Noumea and sailed for Pt Vila where she is currently waiting for a berth.

The Owners are currently making an assessment of the damage, the time it will take to repair the vessel and if the repairs can be carried out in the islands or back here in NZ

Regardless there will be a delay to the schedule. Please accept our apologies for this disruption which is beyond our control and once we know more details we will advise you.

Maesrk Line for the BAF increase

BAF Review Noumea, Pt Vila Wallis and Futuna, Funafuti

Since our last review just two months ago the Global Fuel price has risen by an unprecedented US$26 per barrel
This in turn results in a 20% increase in our fuel costs even taking into account the slight easing of oil prices in the latter part of this week.

Because of this significant increase in our operating costs we regret to advise we have to adjust our BAF to reflect this considerable cost increase .
We wish to advise the BAF to/from New Zealand to Noumea, Pt Vila, Wallis and Futuna and Funafuti will increase by 5% as follows.

Due to the present volatility of fuel we are no longer able to provide a full 30 days notice. In the future we will provide a minimum 14 days notice . Should Oil prices reduce and BAF moves down then the same 14 day notice will apply .

Should you have any queries or require further information please contact your nearest Pacific Direct Line agent

BAF Review Nuku’alofa , Apia and PagoPago

Because of this significant increase in our operating costs we regret to advise we have to adjust our BAF to reflect this considerable cost increase .
We wish to advise the BAF to/from New Zealand to Tonga, Samoa and American Samoa will increase by 5% as follows.

Should you have any queries or require further information please contact your nearest Pacific Direct Line agent

BAF Review Fiji

We wish to advise shippers that the recent review of bunker rates has triggered an increase in the BAF from New Zealand to Fiji

The first vessels affected by this change are .
Southern Pasifika v157
Capitaine Wallis V 0224

Should you have any queries or require further information please contact your nearest Pacific Direct Line agent

NORTHBOUND BAF REVIEW

Since our last review just two months ago, global fuel prices have risen by an unprecedented USD26 per barrel. This in turn results in a +20% increase in our fuel costs, even after taking into account the easing of oil prices towards the later part of last week.

Because of this significant increase in our operating costs, we are left with no viable option but to adjust our BAF to reflect this considerable cost change.

We have now completed a review of our northbound BAF, from New Zealand to the various destinations we service and accordingly wish to advise that effective from 06 August 2008, the BAF will be increasing by +5%, from +47.5% to:
BAF +52.5%

To: New Caledonia, Papua New Guinea, Solomon Islands & Vanuatu
- Sofrana Surville V144 loading NZL: 08-10 August 2008 - Southern Pasifika V157 loading Akl :14 August 2008

Due to the present price volatility of fuel, we are no longer in a position to provide a full 30 days notice and have reduced the notice period to providing a minimum of 14 days notice.

Should you have any queries or require additional information please contact your local Sofrana agent.

BAF REVIEW – Tonga & Samoa’s

Because of this significant increase in our operating costs, we are left with no viable option but to adjust our BAF to reflect this considerable cost change.

We have now completed a review of our BAF, from New Zealand to Tonga & the Samoa’s and wish to advise that effective from early August 2008, loading Auckland, the BAF will be increasing by +5% to:
BAF +53.9%

Due to the present price volatility of fuel, we are no longer in a position to provide a full 30 days notice and have reduced the notice period to providing a minimum of 14 days notice.

Should you have any queries or require additional information please contact your local Sofrana agent.

Pacific Global Association – 9th Annual meeting – March 2008

Asia to NZ general rate increase - 1st August 2008

The less than container load (LCL) prices form China, Hong Kong, Taiwan, Korea and Japan remain unchanged until September 30th, however the LCL rates form South East Asia, Middle East, South America and South Africa will increase by USD 6 per cbm/tonne effective vessels salling on/after AUgust 1st.

Upcoming LCL BAF increases - 1st August 2008
Please note the following LCL BAF increase will take effect 1st AUgust 2008. An updated Imp Sea Surcharge. Page will follow woth the AUgust salling schedule.

North Asia: Increaseing to USD 28 per w/m
South East Asia: Increaseing to USD 32 per w/m
Europe: Increaseing to USD 28 per w/m, Increaseing to EUR 19 per w/m

Custom Import & Export Entry rate increase

You will be aware that the Government has increased charges for NZ Customs. There has also been an increase in MAF Bio Security charges.

The new fee charges from the 1st July for the Customs Import Entry Transaction are $24.75 (GST inclusive) and the Bio Security MAF is $4.00 (GST inclusive). They will appear on the monthly statements in the same format as is now the case.The Customs Release # 537 notified the Customs changes and Bio Security MAF release information will be included in this week's Customs Release.

IMPORTANT NOTICE FOR NEW ZEALAND TO FIJI CUSTOMERS

Hamburg Süd wishes to advise customers that following a review of current bunker levels applicable in the New Zealand to Fiji trade, a BAF of + 30.02% will be applied to all cargo effective 24th August 2008.

Based on current schedules the first effective vessel is:
CAP DELGADO V 982, ETD TAURANGA 28th August

Should you have any queries, please do not hesitate to contact your local Hamburg Süd Customer Services Departments on the following toll-free numbers: Exports: 0508 222 444

SUVA OMISSION – CALLAO EXPRESS V 978

We regret to advise that due to above vessel being delayed at Long Beach due to terminal congestion surrounding Independence Day holiday on 4th July in US. The north bound call in Suva will be omitted.

Dates for the ER Wilhelmshaven V 979 are
ETD Tauranga: 7th August
ETA Suva: 10th August
ETA Oakland: 20th August
ETA Long Beach: 22nd August

Should you have any queries, please do not hesitate to contact your local Hamburg Süd Customer Services

Departments on the following toll-free numbers:
Auckland:0508 333 666
Dunedin:0800 666 566

AKL to FIJI – Callao Express V978

FREIGHT RATE INCREASENEW ZEALAND TO/FROM COOK ISLANDS

We regret to advise that we have been forced by escalating costs to increase our freight rates forall cargo between New Zealand and the Cook Islands.

The major contributor to our increased costs is the rising price of the fuel on which the ship’smain engines and generators are run. This fuel price rise has forced us to increase our bunkeradjustment factor (“BAF”) from its current level of 22.9% to 41.7%

In addition to the continuing fuel price rise, there are other operating costs that have continued toincrease – bearing in mind that our freight rates have remained unchanged for the last two years.Some of these other matters will be reflected in a general, base freight rate increase (“GRI”) of2.5%.

To lessen the impact of these increases, and because the New Zealand dollar has appreciatedover recent months, we are able to reduce our currency adjustment factor (CAF”) from itspresent level of 5.75% back to zero.

A summary of the position going forward is therefore:
- GRI: +2.5%
- BAF: from +22.9% to +41.7%
-CAF: from +5.75% to 0%

The net total effect of all of these changes is that freight rates inclusive of BAF and CAF willincrease by 12.9%. We repeat that this will be the first increase in our rates for approximately 2 years, and is due to external factors that are outside our control. The new rates will apply witheffect from the commencement of Southern Express Voyage 106N, ETA Auckland on 30 June2008.

BAF Increase - Australia and Pacific Ocean Islands to North Europe (excl. Azerbaijan)

New Rates regarding Fumigation.

Amendments to fumigation process and cost recovery quantum at the Tauranga Container Terminal and MetroPort facility.

You will be aware that the current invoicing method utilised by the Port of Tauranga Ltd (POTL) is based on the requirement to re-handle containers to and from a Terminal fumigation area.

Due to increasing container handling costs, combined with an increasing demand for Terminal space, yard management and administrative input. It has become necessary for the current fumigation handling process and cost recovery quantum to be reviewed.

I therefore advise fumigation handling cost of $60.00 + GST per unit will be applied to all units fumigated within the Terminal, regardless of any specific requirement for double handling. Additionally, due to the requirement for available Terminal space to be utilised at an increased level of intensity, it will also be necessary that the fumigation process be completed within 36 hours of delivery to the fumigation area.

Amended invoicing quantum and container handling method controls are intended to commence on August 01, 2008, and will apply to both POTL’s Tauranga Container Terminal and the MetroPort facility.

USA to PPT tradelane news anouncement

Our quarterly review of the Emergency Fuel Surcharge (EFS) indicates the following will take effect on August 1, 2008.

Should you have any questions please do not hesitate to contact your local Polynesia Line Representative.

Air New Zealand cargo rate increase effective from the 01 August 2008

The soaring price of fuel has had extremely high visibility recently and we at Air New Zealand are not immune from these additional costs.

As a result, we will increase all published rates by 5% on sectors where demand is high. While this increase is largely fuel related it also reflects the ongoing pressure on our capacity while taking in to account significant increases in operating costs.

We have deliberately chosen not to take a rate increase on selected sectors as we believe that we can potentially achieve a better outcome for our customers and ourselves by successfully increasing loadings at current rate levels as opposed to taking an increase.

While we would ideally prefer to provide one month’s notice, we feel the obvious advantage in having the increase coincide with the start of a Cass period is sufficient to advise that the increase is effective 1st August 2008.

PGL CABAF UPDATE 1st JULY

Please see below updated CABAF for the Pacific Islands since 1st July 08’ – These will carried over to existing shipment post that date

Hamburg Süd North America

Effective August 4, 2008, Hamburg Sud Will file a tariff general rate increase Of $100 per 20 ft container and $200 per 40 ft container for all cargo moving between the US and Canada and the South Pacific Islands.

Please contact your Hamburg Süd representative with any questions that you may have.

08-27 SSEA SCHEDULE & EFAF TRADE ANNOUNCEMENT

Effective August 1, 2008, the Emergency Fuel Adjustment Factor (EFAF) for all cargo moving From/To the US and Canada and the South Pacific Islands will increase to US $1010/20’ and US $2020/40’.

Tarif cargo as well as existing service contracts will be subject to this charge. EFAF will continue to be monitored on a quarterly basis and adjustments will be made following the review period, with the appropriate notice given to the trade. Please contact your Hamburg Süd representative with any questions that you may have.

Increase to the 2nd Quarter BAF 2008

Please see the attached notices regarding the increase to the 2nd Quarter BAF 2008. These will be effective from vessels on or after the 24th July 2008 with applicable vessels showing on the attachments.

Maersk announcement

Please note that following voyage 825, the Maersk Radford will include Napier to her rotation, en-route to Noumea, Lautoka & Suva

BAF Adjustment Notification

Dear Client,
We wish to bring to your attention that the Bunker Adjustment Factor (BAF) has been reviewed by the shipping lines and revisions have been made.

We wish to remind you that the BAF is subject to fluctuation in accordance with the shipping lines and due to the continual rise in the price of oil the above amendments have been deemed necessary.

Oceania to New Caledonia and Fiji Island - Increase in Bunker Surcharge

Effective from 5 July 2008, Bunker Adjustment Factor Surcharge (BAF) for Oceania (Australia and New Zealand) to New Caledonia and Fiji Islands will increase from USD 350/700 to USD 425/850 per 20’/40’.

PGL FIJI

This will allow the PGL Group to better service our customers (both cnees & shippers), but also to provide other trans-shipment options to other Pacific Islands such as Tarawa, Wallis, & the Samoas.

We are now able to also Export from Suva/Lautoka to Sydney, Melbourne, Auckland, Papeete, & Noumea.

Please find herewith the address details
Pacific Gate Logistics - SEA & AIR
32 Spring Street Suva, Fiji Islands
CTC: Reshika Dutt
TEL: 679 3303587
FAX: 679 3303038
EMAIL: pglfiji@kidanet.net.fj

Pacific Gate Logistics latest news

BAF Adjustment

SOUTHERN PHOENIX –DELAY TO SCHEDULE

GREEK CUSTOMS STRIKE SUSPENDED

STRIKE OF GREEK CUSTOMS

South East Asia & Indian Sub continent BAF increase

SSNZ BAF Announcement - Match 2010

New Biosecurity requirements for imported sea containers from 1 March 2010

Cyclone in French Polynesia

ANNOUNCEMENT OF BAF ADJUSTMENT SOUTH EAST ASIA TO AUSTRALIA / NEW ZEALAND AND PACIFIC ISLANDS

INCREASE IN BUNKER ADJUSTMENT FACTOR (BAF) TO/FROM ASIA TO NEW ZEALAND & PACIFIC ISLANDS

GBH Sailing Schedule & BAF southbound increase

HAMBURG SUD: USASB Emergency Fuel Adjustment Factor (EFAF) - Effective March 15th, 2010

GBH Sailing Schedule & BAF southbound increase

SERVICE ENHANCEMENT TO OUR NEW ZEALAND-FIJI-NEW CALEDONIA-VANUATU TRADES

BAFs MAERSK updates 02/2010

US CUSTOMS 10 + 2 REGULATIONS ENFORCEMENT FROM 26 JAN 2010

TO/FROM U.S. West Coast / Pacific Island Service

Hamburg Sud:Callao Express withdrawal from service

AUS to FIJI and TAHITI BAF Increase

Hamburg SUD: Fuel Surcharge NB Increase 1st Jan 2010 & USA Equipment Detention effective 1st Jan 2010

Road Transport Industry response to Ports of Auckland restructure

Notice to Shippers - Southern Phoenix and Southern Lily

Terminal Operations Update

SOUTHBOUND TRADE ANNOUNCEMENT Australia/New Zealand Services

BUNKER ADJUSTMENT FACTOR ON CARGO FROM NEW ZEALAND TO USA, CANADA, MEXICO, CARIBBEAN AND SOUTH/CENTRAL AMERICA

Draft Policy on Split Shipments

INLAND TARIFF FUEL SURCHARGE Northbound USA / Canada / Mexico

NEW WEEKLY AIR CARGO SERVICE LOS ANGELES - TAHITI

SOUTHBOUND TRADE ANNOUNCEMENT

Rarotonga Service October 2009

ISPS (International Security Port Surcharge)

Vanuatu GRI

SAMOA TSNUMAI APPEAL COMMITTEE

COOK ISLANDS TRADE NOTICE

Tsunami Relief

TO/FROM U.S.West Coast / Pacific Island Service

BUNKER ADJUSTMENT FACTOR ON CARGO FROM NEW ZEALAND TO USA, CANADA, MEXICO, CARIBBEAN AND SOUTH AMERICA

New BAFs MAERSK from 1er October 2009

CMA CGM in Finance Ministry talks

BAF REVIEW EX NEW ZEALAND TO FIJI AND FIJI TO NEW ZEALAND

BAFs MAERSK Update 09/2009

Export and Import Documentation Fees

SOUTH EAST ASIA AND SOUTH ASIA TO NEW ZEALAND Rate Restoration

Notice to shippers - Asia BAF update 16/09/09

NORTH ASIA TO NEW ZEALAND General Rate Increase

INLAND TARIFF FUEL SURCHARGE Northbound USA / Canada / Mexico

NOTICE OF INCREASE TO BUNKER ADJUSTMENT FACTOR (BAF)

IMPORTANT NOTICE TO CUSTOMERS CHANGE OF MANIFEST FEE APIA SAMOA

IIMPORTANT NOTIICE FOR NEW ZEALAND TO FIIJJII CUSTOMERS

NORTH EAST ASIA TO NEW ZEALAND GENERAL RATE INCREASE (GRI)

CHANGE OF MANIFEST FEE AT APIA

CARRIER SECURITY FEE EAST/SOUTH EAST ASIA & NORTH ASIA

BAF Adjustment

ASIA TO PACIFIC ISLAND TRADE GENERAL RATE INCREASE (GRI)

New phytosanitary regulation

NEW PHYTOSANITARY REGULATIONS

NORTH EAST ASIA TO NEW ZEALAND PEAK SEASON SURCHARGE (PSS)

One bill of lading per Consignee

BAFs MAERSK updates 09/2009

SERVICE ENHANCEMENT – PACIFIC ISLANDS SERVICE

U.S. West Coast / Pacific Island Service

New Demurrage Processes

Containers requiring X-Ray

Asia BAF Update 18/09/2009

Maersk Expects Idled Container Fleet to Expand 66 percent by Next Year 30 Jul 2009

Bunker Adjustment Factor (BAF)

SERVICE ENHANCEMENT – PACIFIC ISLANDS SERVICE

INLAND TARIFF FUEL SURCHARGE Northbound USA / Canada / Mexico

SOUTHBOUND TRADE ANNOUNCEMENT

BAF Adjustment

REVISED BUNKER ADJUSTMENT FACTOR & CURRENCY ADJUSTMENT FACTOR – PACIFIC ISLANDS / PNG SERVICE

ISF 10+2 FORM AND INFOS FROM US CUSTOMS

HAMBURG SUD: USA SB General Rate Increase - Effective August 15th, 2009

BAFs MAERSK updates 08/2009

itinerary WCNA

Swires Tahiti Call

Latin America :CSCL, CMA, CSAV

BAF Adjustment

Swire Shipping New Zealand established