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12th December 2006

GRI FOR OCEAN FREIGHT RATES IN JANUARY

The Ocean freight rates for January will all be subject to additional GRI’s as per OOCL and China Shipping announcement yesterday.

Kerry Teamwork have been notified by both of the carriers listed above that there will be a GRI of $200, $400 and $400 for 20ft, 40ft and 40ftHq inclusively for the month of January 2007. This has not been confirmed by all lines yet but it is looking ever increasing that this may be the case.

Please call the office for further information and to discuss anything you’re not clear on....