Date: Tuesday, August 02, 2005

Re:

MED BAF

Dear NASA Member:

Effective September 1, 2005, Hanjin has announced that the BAF from the Mediterranean to the U.S. East Coast will be as follows:

• USD 323/20’
• USD 646/40’

Also effective September 1, CP Ships has announced from the Mediterranean to the West Coast:

• USD 410/20’
• USD 820/40’

Best regards,

North American Shippers Association (NASA)
Joan Barrett
NASA Administrator