Date: Monday, November 8, 2004

Re:	MED BAF - FURTHER NOTIFICATION

Dear NASA Member:

Please allow this to serve as a further update to the BAF situation out of the Med. This is now a third variation on the rates. As it stands right now, USSEC will remain as follows:

$192/20' and $384/40'

Both MSC and CP Ships (Italia Line) will charge:

$245/20' and $490/40'

And now Zim has announced the following for shipments to:

East Coast - $242/20' and $484/40'
West Coast - $290/20' and $580/40'

The rates as indicated above are effective December 1, 2004. Please do not hesitate to contact us with any questions.

Best regards,
North American Shippers Association

Joan Barrett, Administrator