New York, August 17, 2009 - Due to the ever rising operating costs that challenge ocean carriers today; and in order for us to always comply with our high standards and maintain our large offering of direct ports served; MSC announces the following rate increase applicable for all Forest Products and Waste Paper rates from points and ports in the US USEC, GULF to Ports and Points in the West Coast of South America including Cartagena: USD100 x TEU

The current market is becoming more challenging and reaching a point where the stability of the service can be jeopardized based on the latest trend in rate levels.

MSC will continue to pursue its trend in improving reliability and ask all of our Valued Customers/Partners to support us with this increase in order to achieve a mutual goal to succeed and get through this rough time.

Please be guided accordingly

MSC Geneva
South America Trade

Further information about the subject can be obtained from your local MSC Agency Office

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