Announcement Low Sulphur Surcharge 2015 Date : November 3rd 2014 Subject : Low Sulphur Sucharge 2015 Dear customer, As from the 1st January 2015, all shipping lines operating within the Emission Control Areas in the Baltic Sea, Northern Sea, English Channel and the coasts of Canada and USA, will be required to utilize fuel with maximum 0.1% sulphur content. This binding requirement is set out by the International Maritime Organization (IMO), and regulated by MARPOL under Annex VI. As environmental protection is one of the core values for COSCON we fully support these new regulations for a cleaner air in coastal areas. The ability to meet this reduced sulphur emission requires our vessels to utilize a much higher grade fuel, which comes at a substantially higher cost. Every effort is and will be made to minimize this additional cost, however, it will be necessary to share this increased expense with our customers. Accordingly, COSCON will implement a Low Sulphur Surcharge as from the 1st of January 2015 in accordance with the cargo receiving date, for shipments moving from/to this Emission Control Areas on all COSCON Atlantic services. Far East(include Japan) to/from North Europe: Usd 20,-/TEU South East Asia to/from North Europe: Usd 25,-/TEU Indian Subcontinent to/from North Europe: Usd 25,-/TEU Mediterranean and North Europe to/from North America: Usd 75,-/TEU East Coast of South America to/from North Europe: Usd 30,-/TEU Intra-Europe: Usd 25,-/TEU Best regards, Cosco Container Lines (Netherlands) B.V., Rotterdam -as agents for COSCO Container Lines Shanghai - Weena 280 P.O.Box 362 3000 AJ Rotterdam Phone: +31(0)10 2248400 Telefax: +31(0)10 4148373 Internet: www.coscon.nl Commercial Register Rotterdam: 24374564 Bankers: Citibank Acc.no. EUR 26.60.30.289 Acc.no. USD 11087746 Op al onze rechtsbetrekkingen zijn onze Algemene Voorwaarden zoals gedeponeerd ter Griffie van de Rechtbank te Rotterdam van toepassing. Deze zullen op eerste verzoek kosteloos worden toegezonden. Jurisdictie Rotterdam Our General Conditions as files of record at the Registry of the Courts at Rotterdam are applicable to all our legal relations. These conditions will be sent free of charge upon first request. Jurisdiction Rotterdam
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