Hapag-Lloyd (South / Latin America) November 2014 Primary Surcharge Notice

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1 Hapag-Lloyd (South / Latin America) November 2014 Primary Surcharge Notice Dear Customer, In this edition of the Hapag-Lloyd Region Americas Customer Primary Surcharge Notice we will cover the following topics for South / Latin America: General 1. Monthly Bunker Charge (BUC) and Emergency Bunker Surcharge (EBS) Development Summary 2 2. Emergency Fuel Surcharge ( EFS) development Summary 3 3. Monthly Currency Adjustment Factor (CAF) Development Summary 4 4. Low Sulfur Fuel Surcharge Summary for South / Latin America exports 4 5. General Rate Increase Reminder Summary 5 Important Note: This Newsletter provides an overview on the most significant developments related to the commercial business of Hapag-Lloyd (America). Please note that all changes which do require a legal 30-day notice are duly filed and announced in the respective Public Tariffs and this document shows some of these changes for informational purposes only. This document, in no way, replaces the application of the Public Tariff. 1 of 5

2 General 1. Bunker Charge (BUC) and Emergency Bunker Surcharge (EBS) for South / Latin America export trades effective December 1 st, 2014: From To BUC EBS Mexico West Coast Middle East Mexico West Coast North Europe Mexico West Coast Mediterranean Mexico West Coast Oceania Mexico Gulf Coast Mediterranean Mexico Gulf Coast North Europe Mexico Gulf Coast Middle East Mexico Gulf Coast Oceania Mexico, ISC Mexico US Gulf Mexico USEC, Canada EC Mexico USWC, Canada WC Mexico Mexico SAEC Mexico SAWC Mexico EC South & West Africa Mexico WC South & West Africa SAEC Middle East SAEC Mediterranean SAEC North Europe SAEC, SAWC SAEC South and West Africa SAEC Mexico SAEC Oceania SAWC Middle East SAWC Mediterranean SAWC Mexico SAWC North Europe SAWC SAWC Oceania SAWC South and West Africa 1, Table continued on the next page 2 of 5

3 From To BUC EBS SAWC, SAEC, ISC SAWC, SAEC USEC, Canada EC, US Gulf SAWC, SAEC USWC, Canada WC Middle East , ISC Mediterranean North Europe South and West Africa USEC, Canada EC, US Gulf USWC, Canada WC Oceania Mexico SAWC IRT IRT , SAWC SAEC SAEC IRT SAEC IRT SAWC IRT SAWC IRT The EBS applies to ALL cargo where the BUC is included or fixed. The EBS does NOT apply to any business that is currently being charged full BUC, floating per HL tariff. The EBS changes will be announced with requested/appropriate notice. 2. Emergency Fuel Surcharge (EFS) Development Summary effective December 1 st, 2014: per TEU From To EFS North Europe 19 (USD) SAEC North Europe 19 (USD) SAWC North Europe 19 (USD) *EFS is applicable to all Dry and Reefer cargo, and all Rate Agreements except those were floating BUC/EBS or contractual bunker formula with an agreed regular trigger mechanism is applied/paid for already. 3 of 5

4 3. Currency Adjustment Factor (CAF) effective December 1 st, 2014: From To 20' 40' % North Europe % SAEC North Europe % Mediterranean % SAEC Mediterranean % South and West Africa % Mexico North Europe % Mexico South Africa, Namibia, Mozambique % Mexico West Africa % Mexico Mediterranean % SAEC South and West Africa % 4. Low Sulfur Fuel Surcharge Summary for South / Latin America exports effective December 1 st, 2014: From To LSF Mexico West Coast North Europe 11 Mexico Gulf Coast North Europe 11 North Europe 11 SAEC North Europe 11 SAWC North Europe 11 USEC, Canada EC, US Gulf 10 USWC, Canada WC 51 Mexico US Gulf 10 Mexico USEC, Canada EC 10 Mexico USWC, Canada WC 51 SAWC, SAEC USEC, Canada EC, US Gulf 10 SAWC, SAEC USWC, Canada WC 51 4 of 5

5 5. General Rate Increase Reminder Summary From To East Coast of South America, East Coast of Central America and Panama Mexico, West Coast of Central America and West Coast of South America Rate Recovery Plan Effective Date Amount Remarks USD 750 / TEU USD 700 / 20' and USD 1000 / 40' USD 500 / TEU Sincerely, Hapag-Lloyd (America) Inc. as agent of Hapag-Lloyd AG 5 of 5

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