Announcement of General Rate Increase
6.1.2004
The Caribbean Shipowners Association - whose members are Bernuth LinesLtd, CMA-CGM SA, Crowley Liner
Services Inc, Lykes Line Limited, Seaboard Marine Ltd, SeaFreight LineLtd, TMM Lines Limited, Tropical Shipping &
Construction Co Ltd, and ZIM Israel Navigation Co Ltd, providing oceancommon carrier service from the continental
United States to Caribbean destinations including Barbados, Trinidad,Jamaica, Guyana and Suriname - announce a General Rate Increase (GRI) dueto escalating administrative, operating, ship chartering and equipment leasingcosts, effective August 1, 2004, as follows:
GENERAL RATE INCREASE:
Effective Sunday, August 1, 2004
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$150.00 on each 20' Container
$300.00 on each 40' Container
$340.00 on Equipment over 40' in length
$ 5.00 WM on Breakbulk Cargo & Vehicles over 700Cubic Feet
$100.00 per Unit on Vehicles not exceeding 700 Cubic Feet
The GRI applies to all tariff and service contract rates for southboundcargo from the continental United States.