Italy-Morocco Trade BAF Level

Date: 26/07/2012

Dear Customer,

Kindly note that as from August 1st 2012, our present Baf level on Italy /Casablanca trade will be reduced € 25/Teu.

Old BAF amount : € 175/Teu

New BAF amount : € 150/Teu

New Baf amount will be applicable as from M/V Vento Di Nortada 621-823 Eta Naples 07/08, Eta La Spezia 09/08, Eta Genoa 10/08.

If you have any further questions regarding this charge please feel free to contact your local Arkas agent.

Yours sincerely

Arkas Line