please be advised that we will increase the ocean freight rates from the Indian sub-Continent to North Europe by: US$ 150 per teu with effect from January 15, 2009 valid until 28th February, 2010.

Please be advised that the current Westbound rates are currently valid until the 10th January 2010.

These will now be extended by 4 days – until 14th January 2010.

Furthermore the Gulf of Aden surcharge will increase from Usd20 per TEU to Usd30 per TEU.

We will send you the updated contract sheets in due course.

Kindly be guided accordingly.

In case of any further questions do not hesitate to contact us.

Best regards