Date: Friday, August 11, 2006

Re:	THE TRANS-ATLANTIC CONFERENCE AGREEMENT (TACA)

Dear NASA Member:

THE TRANS-ATLANTIC CONFERENCE AGREEMENT (TACA) announces:

Based upon the latest monitoring of fuel prices, TACA’s Bunker Adjustment Factor (BAF) will be held unchanged beyond its current period of application through October 15, 2006, at the following levels:

Traffic to/from and via:
Atlantic/Gulf Coast Ports		Pacific Coast Ports
$ 467 per 20ft container		$ 700 per 20ft container
$ 933 per 40/45ft container		$ 1,400 per 40/45ft container
WM $47.00		WM $70.00

With respect to Currency Adjustment Factor (CAF), based on the latest monitoring of relevant currency values, the current Tariff published level will remain unchanged at 8% (eight percent) through at least October 15, 2006.

The TACA BAF and CAF to apply from October 16, 2006, will be announced on a minimum of 30 days’ notice. Appropriate details will be published timely in TACA’s relevant tariffs and on its website.

The Members of TACA are:

Atlantic Container Line A.B.
Mediterranean Shipping Co.
Maersk Line
Nippon Yusen Kaisha (NYK) Line
Orient Overseas Container Line

Best regards,

North American Shippers Association (NASA)
Joan Barrett
NASA/Insurance Administrator