September 10, 2002

Re: ITALIA DI NAVIGAZIONE PANAMA CANAL SURCHARGE TO
      U.S. WEST COAST AND CANADA

Dear NASA Member:

ITALIA DI NAVIGAZIONE PANAMA CANAL SURCHARGE TO U.S.WEST COAST AND CANADA

Italia Di Navigazione would like to inform all Customers that as from the dates showed below, Panama Canal Surcharge will be brought to the following level:

from September 1st 2003:    USD 120.00 per container

Regards,
Judy Mannix
Administrator