GRI Warning from shipping lines

11 October 2012

Dear Valued Customer,

Re: Potential Rate Restoration from 15 October 2012

The shipping lines have advised us that they plan to implement a Rate Restoration / GRI of US$250 / 20 ft container and US$500 / 40 ft container for both dry and refrigerated cargoes in the base ocean freight to take effect from 15th October 2012, for cargoes from North East Asia (including Korea, China, Hong Kong and Taiwan) to all ports and points in Australia.