Dear Valued Customers,

Due to the recent increase in global fuel prices, driven by ongoing developments in the Middle East, bunker costs have risen significantly across the shipping industry.

To help offset these increased operating costs and maintain reliable service levels, an Emergency Bunker Surcharge (EBS) will be introduced as follows:

This surcharge will apply to all trades ex Australia and will be effective from shipments on YM EVOLUTION 100N onwards.

If you have any questions or require further clarification, please contact your SNL representative.

Sincerely,

SNL