MSC announces changes effective January 1, 2024

Please take note of the announcement below containing the following scopes:

• WCSA TO USA EAST COAST AND GULF
• SOUTH AFRICA TO USA AND SAN JUAN, PUERTO RICO
• SOUTH AFRICA AND INDIAN OCEAN to USA and SAN JUAN, PUERTO RICO
• EXPORT USA REEFER CARGO
• EXPORT USA DRY CARGO

PCE - PANAMA CANAL EMERGENCY SURCHARGE INCREASE

SCOPE: WCSA TO USA EAST COAST AND GULF

Effective date January 1st, 2024

During Q2 2023, the Panama Canal Authority decided to reduce draft from 14.94 to 13.41. Despite several measures to conserve water taken over the last months, lack of precipitation in the area is affecting the water level of the Panama Canal. Consequently, the Panama Canal Authority has recently confirmed further restrictions regarding the number of vessels crossing the canal.

These restrictions, combined with the increase of the Canal Tariff implemented earlier this year, are having a direct impact on overall MSC operations costs.

As a result, to maintain operational viability PCE level will be increased to $140 per TEU for dry and refrigerated containers effective from gate in date 1/1/2024.

We thank you for your understanding and patience and we will keep you updated with further developments.

Please contact your local MSC representatives if you have any questions.

BRQ - QUARTERLY BUNKER RECOVERY CHARGE

SCOPE: SOUTH AFRICA TO USA AND SAN JUAN, PUERTO RICO

Effective date January 1^ST, 2024

Please note the new Quarterly Bunker Recovery Charge,) as of January 1st, 2024, last container gate in date, from:

SOUTH AFRICA Countries: Mozambique, Namibia, South Africa

TO USEC/USGC/USWC & SAN JUAN, Puerto Rico:

BRC - MONTHLY BUNKER RECOVERY CHARGE

SCOPE: SOUTH AFRICA AND INDIAN OCEAN to USA and SAN JUAN, PUERTO RICO

Effective date January 1^ST, 2024

Please note the new monthly Bunker Recovery Charge (BRC) as of January 1st, 2024 (last container gate in date) from:

SOUTH AFRICA Countries: Mozambique, Namibia, South Africa

INDIAN OCEAN Countries: Madagascar, Mauritius, Mayotte, Reunion

TO USEC/USGC/USWC & SAN JUAN, Puerto Rico:

WHA - HOUSTON WHARFAGE UPDATE

SCOPE: IMPORT & EXPORT TO/FROM HOUSTON PORT

Effective date January 1st, 2024

We hereby inform you of the increase in the Wharfage (WHA) in Houston as per below:

BRC – BUNKER RECOVERY CHARGE

SCOPE: EXPORT USA REEFER CARGO

Levels effective: from January 1st, 2024

Effective January 1^st, 2024, BRC (Bunker Recovery Charge) levels for Export USA REEFER cargo as follows:

BRC – BUNKER RECOVERY CHARGE

SCOPE: EXPORT USA DRY CARGO

Levels effective: from January 1st, 2024

Effective January 1^s, 2024, BRC (Bunker Recovery Charge) levels for Export USA DRY cargo as follows: