April 4, 2011



Dear Valued Shippers.

The members of the Caribbean Shipowners Association have postponed the bunker increases of Sunday, April 3, 2011 and Sunday, April 10, 2011 to April 10th and April 17th respectively. In keeping with our commitment to the shipping community, the members of the Association will continuously monitor fuel cost developments and adjust Bunker Surcharge levels, including rolling back these announced increases if not supported by actual circumstances. Nevertheless, it is suggested Shippers plan business transactions on the basis of these forward filings and continue to monitor the situation.

Increases are applicable to Imports and Exports and would be assessed as follows:

The Bunker Surcharge is assessed in addition to all other charges, and applies to all tariff and service contract rates between the United States and the Caribbean. This increase will affect the following Southbound and Northbound services: between the United States and the Caribbean destinations of: Anguilla, Antigua, Dominica, Grenada, Montserrat, Saba, St Barths, St Eustatius, St Kitts & Nevis, St Lucia, St Maarten, St Vincent, Trinidad, Jamaica, Guyana and Suriname. For additional information please contact your carrier of choice.

CSA MEMBERS: BERNUTH, CMA CGM, CROWLEY, SEABOARD MARINE, SEAFREIGHT LINE, ZIM LINE.

	Eff 4/10/11 Increase Over Members 3/27/11 Levels Based on WTI $115	Eff 4/17/11 Increase Over Member 4/10/11 Levels Based on WTI $120
20' Equipment	$30.00	$30.00
40' Equipment	$60.00	$60.00
Over 40' Equipment	$68.00	$68.00
Vehicles NOT over 700 cft	$18.00 each	$18.00 each
Vehicles over 700 cft	1.41 W/M	1.41 W/M
Breakbulk / NIT	1.41 W/M	1.41 W/M
LCL - 2000 lbs W or 40 cft M	1.41 W/M	1.41 W/M
LCL - 100 lbs W	.08	.08
LCL - 1 cft M	.04	.04
Barrels	.90 each	.90 each