Swire Shipping ECF Announcement (WCNA)

December 31st 2012

NOTICE TO TRADE

West Coast North America to & from Australia / New Zealand

Northbound & Southbound

Emissions Control Area Fee (ECF)

Dear Valued Customer,

Please be advised that an Emissions Control Area Fee (ECF) is now being applied to all exports and imports between West Coast North America and Australia / New Zealand.

In order to reflect recent changes in fuel prices, a reduced rate will apply for all cargo loaded on or after 1st February 2013. Note that Low Sulphur Fuel Oil prices remain approximately 40% higher than that of standard fuel.

Swire Shipping West Coast North America ECF will apply at the following levels:

Break Bulk - to $2.27 per rvt
20’ Containers - to $38.63 per TEU
40’ Containers - to $77.26 per FEU

This surcharge is required in order to cover the mandatory use of Low Suphur Fuel Oil. Effective from August 1st, 2012, all vessels must now abide by North American ECA regulation and are required to burn 1% Sulphur Fuel Oil within the ECA, designated as 200 nautical miles off the US Coastline. More
information available at http://www.epa.gov/otaq/oceanvessels.htm

Please do not hesitate to contact your local agency representative should you have any questions.

Yours faithfully,

WCNA Trade Management Team