Ref: IAT-2016-26


                                                            Hong Kong, Macau and South China* to 
                                                                                 Asia Countries
                                                                    Fuel Adjustment Factor (FAF)


Dear Customers,

This is to advise that with effect from 1st Sep, 2016, the Fuel Adjustment Factor (FAF) for all DRY shipments will be applied as follows:

Note: Based on shipment on-board date

 *Note: 'South China' includes Guangdong, Guangxi, Guizhou, Hainan & Yunnan Province

Should you have any queries, please feel free to email or contact our customer service department.  For more information, please visit our website - www.oocl.com.