Date: Friday, January 12, 2007

Re:	TACA BAF (UNCHANGED) / CAF (UNCHANGED)

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 March 15, 2007, at the following levels:

Traffic to/from and via:
Atlantic/Gulf Coast Ports		Pacific Coast Ports
$ 395 per 20ft container		$ 593 per 20ft container
$ 790 per 40/45ft container		$ 1186 per 40/45ft container
WM $40.00		WM $59.00

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 March 15, 2007.

The TACA BAF and CAF to apply from March 16, 2007, 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.
Maersk Line
Mediterranean Shipping Co.
Nippon Yusen Kaisha (NYK) Line
Orient Overseas Container Line

Best regards,

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