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Date: Monday, May 12, 2008

Re: 

THE TRANS-ATLANTIC CONFERENCE AGREEMENT (TACA) announces:

The TACA members wish to advise that the TACA tariff published Bunker Adjustment Factor (BAF) will be maintained for a further 30 days beyond its current period through at least July 15, 2008 , at the following levels:

Traffic to/from and via:

Atlantic/Gulf Coast Ports
$ 607 per 20ft container
$ 1214 per 40/45ft container
WM $61.00
Pacific Coast Ports
$ 911 per 20ft container
$ 1822 per 40/45ft container
WM $91.00

The Currency Adjustment Factor (CAF), based on the latest monitoring exercise, will remain unchanged at 15% (fifteen percent) through at least July 15, 2008.

The TACA BAF and CAF to apply from July 16, 2008, will be announced no later than June 15, 2008.  Such will be published in TACA's relevant tariffs and on its website.

For and on behalf of the following TACA Parties:

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

Issued: Crawley , UK , May 12, 2008
Email: mccalld@taafc.co.uk
Website:  www.tacaconf.com