Amendment of BUC and LSF Surcharge Update Cycle



August 18, 201 5


Dear Customer,



We would like to inform you that with effect from October 1, 2015 Hapag-Lloyd will change the Bunker Charge (BUC) and Low Sulphur Fuel Charge (LSF) update cycle from monthly to quarterly for all applicable trades.



Based on latest bunker price development we feel comfortable that this change will provide advantages for all stakeholders. We reserve the right to change the update cycle again in case of future strong bunker price fluctuations. For further information please contact your local Hapag-Lloyd office.



Kind Regards, Hapag-Lloyd AG