---

Leading ocean carrier Maersk Line has announced that it is introducing a new Bunker Adjustment Factor (BAF) for trades from North & Latin America to East Africa. The BAF will come into effect on 1st May 2008, after which it will be revised on a quarterly basis.

The BAF for dry and refrigerated containers will be as follows:

North & Latin America to East Africa:

USD 600 per 20’ container
USD1200 per 40’ container

East Africa to North and Latin America:

USD 200 per 20’ container
USD 400 per 40’ container

Maersk's BAF Calculator can be found at http://baf.maerskline.com or www.maerskline.com/baf. This online tool uses a formula developed by Maersk Line to calculate the BAF for any given trade. The user simply selects the load and discharge country and the container type. The BAF Calculator then works out the bunker charge in USD per unit for each container type.

The website also includes an online simulator so users can see how the BAF will fluctuate according to changes in the bunker price.