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Bunker Surcharge Increase Between Mediterranean and U.S. and Canada

Maritime Activity Reports, Inc.

June 27, 2007

Effective from August 1, 2007, Maersk Line is increasing the Bunker Adjustment Factor (BAF) between Mediterranean ports and the United States and Canada. The change follows the higher oil prices.

The new bunker surcharges will be: $ 453 (currently $ 399) per 20 ft. container $ 906 (currently $ 798) per 40 ft. container Transatlantic cargo to and from the following countries will be affected: United States, Canada, Russia (via Black Sea ports), Ukraine, Romania, Bulgaria, Kazakhstan, Moldova, Belarus, Armenia, Georgia, Tajikistan, Turkmenistan, Azerbaijan, Uzbekistan, Kyrgyzstan, Italy, Cyprus, Albania, San Marino, Slovenia, Egypt, Bosnia & Herzegovina, Syria, Serbia & Montenegro, Croatia, Turkey, Lebanon, Macedonia, Greece, Malta, Libya, Tunisia, Algeria, Spain, Portugal, Morocco, Andorra, Gibraltar, and France (via Mediterranean ports).

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