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ETC INTERNATIONAL FREIGHT SYSTEM

International Shipping, Global Logistics, Air, Ocean Freight, Forwarders

At ETC International Freight System, we want to inform you of an important trade news that we just received from one steam line. Perhaps, indicative of many more to follow.

Read below:

Monday, January 14, 2013

To: Our Valued Customers       

From: Mediterranean Shipping Company

TRADE ANNOUNCEMENT

SCOPE : ALL TRADES – IMPORT & EXPORT

PORT CONGESTION SURCHARGE (CGS)

VALUED CUSTOMER,

be informed that view the extension of the negotiation between the ILA and the USMX, MSC has postponed the effective date of the Port Congestion Surcharge (CGS) from December 29^th, 2012 to February 6^th, 2013.

MSC continues to monitor closely the developments of the negotiation in course, and hopes that any resolution among the parties is found without resulting in stoppage and/or slowdown, causing discomfort, chaos, and heavy additional expenses to both shippers and cargo owners.

The tariff filing reads as follows:

• A Port Congestion Surcharge (CGS) will be applied to all import cargo discharged at any USA port on or after February 6^th, 2013 with the following quantum:
  • $   800              per 20’
  • $1,000              per 40’
  • $1,125              per 40 HC
• For all cargo exported via a USA port, a Port Congestion Surcharge (CGS) will be applicable for cargo received in our possession or sailing after February 6^th, 2013 with the following quantum:
  • $   800              per 20’
  • $1,000              per 40’
  • $1,125              per 40 HC

In the event that ports and terminals will not be affected by congestion, this tariff filing will be nullified.

We thank you for your continued support.

Mediterranean Shipping Company (USA)